InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Update

InfraCap MLP ETF (NYSEARCA:AMZA) was the recipient of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 33,228 shares, a decline of 67.9% from the February 26th total of 103,385 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 49,942 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 49,942 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the shares of the stock are sold short.

InfraCap MLP ETF Stock Performance

NYSEARCA AMZA traded up $0.22 on Wednesday, reaching $46.83. The company’s stock had a trading volume of 6,608 shares, compared to its average volume of 48,900. The firm’s 50 day moving average is $44.04 and its two-hundred day moving average is $41.31. InfraCap MLP ETF has a twelve month low of $37.18 and a twelve month high of $48.20. The stock has a market cap of $450.04 million, a PE ratio of 14.90 and a beta of 0.95.

InfraCap MLP ETF Dividend Announcement

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. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 8.7%.

Institutional Investors Weigh In On InfraCap MLP ETF

Several large investors have recently modified their holdings of AMZA. Aventura Private Wealth LLC purchased a new position in InfraCap MLP ETF in the 4th quarter worth about $37,000. CoreCap Advisors LLC raised its stake in shares of InfraCap MLP ETF by 24.5% in the third quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock valued at $81,000 after purchasing an additional 396 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in InfraCap MLP ETF by 60.5% during the second quarter. JPMorgan Chase & Co. now owns 3,118 shares of the company’s stock worth $135,000 after purchasing an additional 1,175 shares during the period. Finally, NewEdge Advisors LLC increased its position in shares of InfraCap MLP ETF by 2.3% during the 3rd quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock worth $2,479,000 after purchasing an additional 1,395 shares in the last quarter. 7.34% of the stock is 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.