InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Update

InfraCap MLP ETF (NYSEARCA:AMZA) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 6,015 shares, a decline of 70.4% from the April 30th total of 20,333 shares. Based on an average trading volume of 30,905 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

InfraCap MLP ETF Stock Down 1.3%

Shares of NYSEARCA AMZA traded down $0.60 during mid-day trading on Friday, reaching $45.54. 48,714 shares of the company were exchanged, compared to its average volume of 46,279. InfraCap MLP ETF has a 52 week low of $38.01 and a 52 week high of $49.47. The stock has a market capitalization of $443.56 million, a PE ratio of 14.90 and a beta of 0.69. The company’s 50 day moving average price is $46.41 and its 200 day moving average price is $43.43.

Institutional Trading of InfraCap MLP ETF

Hedge funds have recently made changes to their positions in the stock. Aventura Private Wealth LLC bought a new stake in shares of InfraCap MLP ETF during the 4th quarter worth $37,000. JPMorgan Chase & Co. lifted its holdings in shares of InfraCap MLP ETF by 60.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,118 shares of the company’s stock worth $135,000 after acquiring an additional 1,175 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of InfraCap MLP ETF by 2.3% during the 3rd quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock worth $2,479,000 after acquiring an additional 1,395 shares during the last quarter. 7.34% of the stock is owned by institutional investors.

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.