InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Up 195.2% in August

InfraCap MLP ETF (NYSEARCA:AMZA) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 175,500 shares, an increase of 195.2% from the July 30th total of 59,458 shares. Approximately 1.8% of the company’s shares are short sold. Based on an average trading volume of 32,693 shares, the days-to-cover ratio is currently 5.4 days.

InfraCap MLP ETF Trading Down 0.6%

Shares of AMZA traded down $0.28 during trading hours on Friday, hitting $50.17. 23,499 shares of the stock traded hands, compared to its average volume of 42,190. The business has a fifty day moving average of $48.20 and a 200-day moving average of $46.76. The firm has a market capitalization of $482.13 million, a PE ratio of 14.90 and a beta of 0.66. InfraCap MLP ETF has a 1-year low of $38.01 and a 1-year high of $50.99.

Institutional Inflows and Outflows

An institutional investor recently raised its position in InfraCap MLP ETF stock. NewEdge Advisors LLC lifted its holdings in shares of InfraCap MLP ETF (NYSEARCA:AMZA) by 2.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,691 shares of the company’s stock after buying an additional 1,395 shares during the quarter. NewEdge Advisors LLC owned about 0.64% of InfraCap MLP ETF worth $2,479,000 at the end of the most recent quarter. 7.34% of the stock is owned by hedge funds and other institutional investors.

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.