InfraCap MLP ETF (NYSEARCA:AMZA – Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 60,670 shares, an increase of 69.5% from the June 30th total of 35,801 shares. Based on an average daily volume of 32,105 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.6% of the shares of the company are sold short.
Institutional Inflows and Outflows
An institutional investor recently raised its position in InfraCap MLP ETF stock. JPMorgan Chase & Co. increased its position in InfraCap MLP ETF (NYSEARCA:AMZA – Free Report) by 20.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,751 shares of the company’s stock after acquiring an additional 633 shares during the quarter. JPMorgan Chase & Co.’s holdings in InfraCap MLP ETF were worth $151,000 at the end of the most recent quarter. 7.34% of the stock is currently owned by hedge funds and other institutional investors.
InfraCap MLP ETF Stock Performance
NYSEARCA AMZA opened at $48.61 on Friday. The business’s fifty day moving average is $46.97 and its 200 day moving average is $45.67. InfraCap MLP ETF has a fifty-two week low of $38.01 and a fifty-two week high of $49.75. The company has a market capitalization of $467.14 million, a PE ratio of 14.90 and a beta of 0.65.
InfraCap MLP ETF Company Profile
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.
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