Global X MLP ETF (NYSEARCA:MLPA) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 704,591 shares, a decline of 62.8% from the January 15th total of 1,896,047 shares. Based on an average daily trading volume, of 981,904 shares, the short-interest ratio is currently 0.7 days.

MLPA opened at $8.74 on Friday. Global X MLP ETF has a 1-year low of $7.27 and a 1-year high of $10.26.

The business also recently declared a quarterly dividend, which was paid on Friday, February 15th. Shareholders of record on Friday, February 8th were paid a $0.1815 dividend. This represents a $0.73 annualized dividend and a yield of 8.31%. The ex-dividend date was Thursday, February 7th.

Institutional investors and hedge funds have recently bought and sold shares of the business. Park Avenue Securities LLC increased its stake in Global X MLP ETF by 46.3% in the third quarter. Park Avenue Securities LLC now owns 34,725 shares of the company’s stock valued at $339,000 after purchasing an additional 10,988 shares in the last quarter. Blue Edge Capital LLC increased its stake in Global X MLP ETF by 135.8% in the third quarter. Blue Edge Capital LLC now owns 308,170 shares of the company’s stock valued at $2,943,000 after purchasing an additional 177,479 shares in the last quarter. Naples Global Advisors LLC increased its stake in Global X MLP ETF by 3.6% in the fourth quarter. Naples Global Advisors LLC now owns 134,386 shares of the company’s stock valued at $1,164,000 after purchasing an additional 4,621 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Global X MLP ETF by 2.5% in the third quarter. Envestnet Asset Management Inc. now owns 716,175 shares of the company’s stock valued at $6,839,000 after purchasing an additional 17,462 shares in the last quarter. Finally, Hilltop Holdings Inc. increased its stake in Global X MLP ETF by 306.4% in the third quarter. Hilltop Holdings Inc. now owns 106,549 shares of the company’s stock valued at $1,018,000 after purchasing an additional 80,330 shares in the last quarter.

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