ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 345 shares, a drop of 35.5% from the September 15th total of 535 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 233 shares, the short-interest ratio is currently 1.5 days.
Institutional Investors Weigh In On ETRACS Alerian MLP Index ETN Series B
An institutional investor recently raised its stake in ETRACS Alerian MLP Index ETN Series B stock. North Capital Inc. boosted its holdings in shares of ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB – Free Report) by 1.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 88,130 shares of the company’s stock after purchasing an additional 929 shares during the quarter. ETRACS Alerian MLP Index ETN Series B comprises about 1.6% of North Capital Inc.’s investment portfolio, making the stock its 11th largest position. North Capital Inc. owned about 5.18% of ETRACS Alerian MLP Index ETN Series B worth $1,912,000 at the end of the most recent quarter.
ETRACS Alerian MLP Index ETN Series B Stock Up 1.6%
Shares of AMUB traded up $0.35 during trading hours on Friday, reaching $21.94. 206 shares of the stock traded hands, compared to its average volume of 1,161. ETRACS Alerian MLP Index ETN Series B has a 52-week low of $17.95 and a 52-week high of $24.44. The company’s 50-day moving average price is $22.98 and its two-hundred day moving average price is $22.45.
ETRACS Alerian MLP Index ETN Series B Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Friday, August 28th were paid a $0.3130 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date was Friday, August 28th. This is a drop from ETRACS Alerian MLP Index ETN Series B’s previous quarterly dividend of $0.3242.
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
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
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.
