ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) Stock Short Interest Declines 69.9%

ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 56 shares, a decrease of 69.9% from the September 30th total of 186 shares. Based on an average daily volume of 5,421 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

ETRACS Alerian MLP Infrastructure Index ETN Series B Stock Up 0.3%

NYSEARCA:MLPB traded up $0.09 during trading hours on Friday, reaching $30.05. 1,824 shares of the company’s stock were exchanged, compared to its average volume of 5,603. ETRACS Alerian MLP Infrastructure Index ETN Series B has a 1-year low of $24.16 and a 1-year high of $31.94. The company has a 50-day moving average of $30.30 and a 200 day moving average of $29.24.

ETRACS Alerian MLP Infrastructure Index ETN Series B Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Tuesday, October 13th were issued a dividend of $0.4342 per share. This is a decrease from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous quarterly dividend of $0.4437. This represents a $1.74 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend was Tuesday, October 13th.

ETRACS Alerian MLP Infrastructure Index ETN Series B Company Profile

The ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) is an exchange-traded fund that is based on the Alerian MLP Infrastructure index, a market-cap-weighted index of 25 North American energy infrastructure master limited partnerships. MLPB was launched on Oct 8, 2015 and is issued by ETRACS.