ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR) Short Interest Down 56.4% in June

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPRGet Free Report) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 299 shares, a decline of 56.4% from the June 15th total of 686 shares. Based on an average daily trading volume, of 906 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Trading Down 1.6%

Shares of MLPR stock traded down $1.22 during trading on Tuesday, hitting $72.45. The company had a trading volume of 300 shares, compared to its average volume of 708. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN has a one year low of $49.81 and a one year high of $77.89. The stock’s 50-day moving average price is $71.66 and its 200 day moving average price is $68.33.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, July 14th will be given a dividend of $1.767 per share. This represents a $7.07 dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date is Tuesday, July 14th. This is a positive change from ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN’s previous quarterly dividend of $1.66.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Company Profile

(Get Free Report)

The ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) is an exchange-traded fund that is based on the Alerian MLP index. The fund provides quarterly 1.5x leveraged exposure to a market-cap-weighted index of 50 publicly traded energy MLPs. MLPR was launched on Jun 2, 2020 and is issued by ETRACS.

Recommended Stories

Receive News & Ratings for ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN and related companies with MarketBeat.com's FREE daily email newsletter.