InfraCap MLP ETF (NYSEARCA:AMZA) Sees Significant Growth in Short Interest

InfraCap MLP ETF (NYSEARCA:AMZA) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 103,385 shares, a growth of 81.4% from the February 12th total of 56,994 shares. Based on an average trading volume of 49,475 shares, the short-interest ratio is presently 2.1 days. Approximately 1.1% of the shares of the company are short sold. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 49,475 shares, the short-interest ratio is presently 2.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Aventura Private Wealth LLC bought a new stake in shares of InfraCap MLP ETF during the fourth quarter valued at about $37,000. JPMorgan Chase & Co. boosted its position in shares of InfraCap MLP ETF by 20.3% in the third quarter. JPMorgan Chase & Co. now owns 3,751 shares of the company’s stock valued at $151,000 after acquiring an additional 633 shares during the period. NewEdge Advisors LLC boosted its position in shares of InfraCap MLP ETF by 2.3% in the third quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock valued at $2,479,000 after acquiring an additional 1,395 shares during the period. Finally, CoreCap Advisors LLC grew its stake in InfraCap MLP ETF by 24.5% during the third quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock valued at $81,000 after acquiring an additional 396 shares in the last quarter. Hedge funds and other institutional investors own 7.34% of the company’s stock.

InfraCap MLP ETF Trading Up 0.3%

Shares of NYSEARCA AMZA opened at $45.26 on Friday. The firm has a market cap of $434.95 million, a price-to-earnings ratio of 14.90 and a beta of 0.95. InfraCap MLP ETF has a 1-year low of $37.18 and a 1-year high of $48.45. The stock has a fifty day simple moving average of $43.21 and a two-hundred day simple moving average of $41.15.

InfraCap MLP ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 9.0%.

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.