InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Update
by Renee Jackson · The Cerbat GemInfraCap MLP ETF (NYSEARCA:AMZA – Get Free Report) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 8,684 shares, a decline of 73.9% from the March 15th total of 33,228 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 44,748 shares, the short-interest ratio is presently 0.2 days.
InfraCap MLP ETF Stock Down 0.2%
NYSEARCA AMZA traded down $0.08 on Friday, reaching $45.47. The company had a trading volume of 26,999 shares, compared to its average volume of 49,019. The stock has a market capitalization of $440.60 million, a PE ratio of 14.90 and a beta of 0.74. The firm’s 50 day moving average price is $45.18 and its 200 day moving average price is $41.74. InfraCap MLP ETF has a 12 month low of $38.01 and a 12 month high of $47.84.
InfraCap MLP ETF Announces Dividend
The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were issued a $0.34 dividend. This represents a c) dividend on an annualized basis and a yield of 9.0%. The ex-dividend date was Friday, February 20th.
Institutional Trading of InfraCap MLP ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. CoreCap Advisors LLC increased its holdings in shares of InfraCap MLP ETF by 24.5% in the 3rd quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock worth $81,000 after buying an additional 396 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of InfraCap MLP ETF by 20.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,751 shares of the company’s stock worth $151,000 after buying an additional 633 shares during the last quarter. Aventura Private Wealth LLC bought a new stake in shares of InfraCap MLP ETF in the 4th quarter worth about $37,000. Finally, NewEdge Advisors LLC increased its holdings in shares of InfraCap MLP ETF by 2.3% in the 3rd quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock worth $2,479,000 after buying an additional 1,395 shares during the last quarter. 7.34% of the stock is currently owned by institutional investors.
About InfraCap MLP ETF
Infrastructure Capital Advisors, LLC is an SEC-registered investment advisor that manages an actively managed ETF and a series of private investment partnerships. The firm was formed in 2012 and is based in New York City.