ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 17,403 shares, a growth of 592.2% from the June 15th total of 2,514 shares. Based on an average trading volume of 4,033 shares, the short-interest ratio is presently 4.3 days. Approximately 1.0% of the shares of the company are short sold.
ETRACS Alerian MLP Index ETN Series B Stock Down 0.8%
ETRACS Alerian MLP Index ETN Series B stock traded down $0.18 during mid-day trading on Friday, reaching $21.99. The company’s stock had a trading volume of 5,210 shares, compared to its average volume of 832. The firm’s fifty day moving average price is $22.14 and its two-hundred day moving average price is $21.32. ETRACS Alerian MLP Index ETN Series B has a 12-month low of $17.65 and a 12-month high of $23.55.
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 paid a $0.3242 dividend. The ex-dividend date was Friday, May 29th. This represents a $1.30 annualized dividend and a yield of 5.9%. This is an increase from ETRACS Alerian MLP Index ETN Series B’s previous quarterly dividend of $0.32.
Hedge Funds Weigh In On ETRACS Alerian MLP Index ETN Series B
About ETRACS Alerian MLP Index ETN Series B
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.
See Also
- Five stocks we like better than ETRACS Alerian MLP Index ETN Series B
- Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
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.
