ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB – Get Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 4,636 shares, a drop of 73.4% from the June 30th total of 17,403 shares. Based on an average trading volume of 597 shares, the short-interest ratio is currently 7.8 days. Approximately 0.3% of the shares of the company are short sold.
ETRACS Alerian MLP Index ETN Series B Trading Down 1.8%
NYSEARCA:AMUB opened at $22.66 on Tuesday. ETRACS Alerian MLP Index ETN Series B has a 52-week low of $17.65 and a 52-week high of $23.55. The business’s fifty day moving average is $22.16 and its 200 day moving average is $21.64.
ETRACS Alerian MLP Index ETN Series B Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Friday, May 29th were issued a dividend of $0.3242 per share. This represents a $1.30 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend was Friday, May 29th. This is a boost from ETRACS Alerian MLP Index ETN Series B’s previous quarterly dividend of $0.32.
Institutional Investors Weigh In On ETRACS Alerian MLP Index ETN Series B
ETRACS Alerian MLP Index ETN Series B Company Profile
The ETRACS Alerian MLP Index ETN Class B (AMUB) is an exchange-traded fund that is based on the Alerian MLP index, a market-cap-weighted index of 50 publicly traded energy MLPs. AMUB was launched on Oct 8, 2015 and is issued by ETRACS.
Recommended Stories
- Five stocks we like better than ETRACS Alerian MLP Index ETN Series B
- Middleby Is Betting a Leaner Business Can Unlock More Value
- 3 Value ETFs to Consider as Growth Stocks Lag Behind
- Wintrust: A Quiet Regional Bank Posting Loud Results
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
Receive News & Ratings for ETRACS Alerian MLP Index ETN Series B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS Alerian MLP Index ETN Series B and related companies with MarketBeat.com's FREE daily email newsletter.
