InfraCap MLP ETF (NYSEARCA:AMZA – Get Free Report) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 5,314 shares, a decrease of 42.9% from the December 15th total of 9,302 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 32,695 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 32,695 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.
Hedge Funds Weigh In On InfraCap MLP ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its stake in InfraCap MLP ETF by 2.3% in the third quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock worth $2,479,000 after buying an additional 1,395 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of InfraCap MLP ETF by 20.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,751 shares of the company’s stock valued at $151,000 after purchasing an additional 633 shares in the last quarter. CoreCap Advisors LLC grew its holdings in shares of InfraCap MLP ETF by 24.5% during the 3rd quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock valued at $81,000 after purchasing an additional 396 shares during the last quarter. Finally, Aventura Private Wealth LLC bought a new position in shares of InfraCap MLP ETF during the 4th quarter valued at $37,000. 7.34% of the stock is currently owned by hedge funds and other institutional investors.
InfraCap MLP ETF Price Performance
Shares of NYSEARCA:AMZA opened at $41.36 on Friday. The firm has a fifty day moving average price of $39.90 and a two-hundred day moving average price of $40.89. The company has a market cap of $397.47 million, a price-to-earnings ratio of 14.90 and a beta of 0.95. InfraCap MLP ETF has a one year low of $37.18 and a one year high of $48.98.
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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