InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Up 153.1% in January

InfraCap MLP ETF (NYSEARCA:AMZA) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 13,451 shares, a growth of 153.1% from the December 31st total of 5,314 shares. Based on an average trading volume of 61,036 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 61,036 shares, the days-to-cover ratio is currently 0.2 days.

InfraCap MLP ETF Price Performance

Shares of NYSEARCA:AMZA traded up $0.51 during trading on Thursday, hitting $42.61. The company had a trading volume of 40,226 shares, compared to its average volume of 52,465. The stock has a market cap of $409.48 million, a price-to-earnings ratio of 14.90 and a beta of 0.95. The company has a fifty day simple moving average of $40.25 and a two-hundred day simple moving average of $40.78. InfraCap MLP ETF has a one year low of $37.18 and a one year high of $48.98.

InfraCap MLP ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, January 27th. Investors of record on Tuesday, January 20th were given a $0.34 dividend. This is a boost from InfraCap MLP ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a yield of 9.6%. The ex-dividend date was Tuesday, January 20th.

Institutional Investors Weigh In On InfraCap MLP ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Aventura Private Wealth LLC purchased a new position in shares of InfraCap MLP ETF during the 4th quarter worth about $37,000. CoreCap Advisors LLC raised its holdings in shares of InfraCap MLP ETF by 24.5% in the third quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock worth $81,000 after buying an additional 396 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of InfraCap MLP ETF by 60.5% in the second quarter. JPMorgan Chase & Co. now owns 3,118 shares of the company’s stock worth $135,000 after buying an additional 1,175 shares during the period. Finally, NewEdge Advisors LLC grew its position in InfraCap MLP ETF by 2.3% in the 3rd 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 last quarter. Hedge funds and other institutional investors own 7.34% of the company’s stock.

About InfraCap MLP ETF

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.