ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 686 shares, a growth of 1,043.3% from the May 31st total of 60 shares. Based on an average trading volume of 285 shares, the short-interest ratio is currently 2.4 days. Currently, 0.5% of the shares of the company are sold short.
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Stock Up 2.7%
NYSEARCA:MLPR opened at $68.23 on Friday. The stock has a 50 day moving average of $71.12 and a 200-day moving average of $67.31. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN has a 52 week low of $49.81 and a 52 week high of $77.89.
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Monday, April 13th were given a dividend of $1.6645 per share. This is a boost from ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN’s previous quarterly dividend of $1.62. This represents a $6.66 annualized dividend and a dividend yield of 9.8%. The ex-dividend date was Monday, April 13th.
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Company Profile
The ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) is an exchange-traded fund that is based on the Alerian MLP index. The fund provides quarterly 1.5x leveraged exposure to a market-cap-weighted index of 50 publicly traded energy MLPs. MLPR was launched on Jun 2, 2020 and is issued by ETRACS.
Featured Articles
- Five stocks we like better than ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN and related companies with MarketBeat.com's FREE daily email newsletter.
