Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) Short Interest Update

Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 300,979 shares, a decrease of 45.1% from the March 31st total of 548,412 shares. Currently, 2.6% of the shares of the stock are sold short. Based on an average trading volume of 104,209 shares, the days-to-cover ratio is currently 2.9 days.

Hedge Funds Weigh In On Alerian Energy Infrastructure ETF

Large investors have recently modified their holdings of the company. Gilliland Jeter Wealth Management LLC purchased a new stake in Alerian Energy Infrastructure ETF in the third quarter worth approximately $1,413,000. Sound Income Strategies LLC purchased a new position in shares of Alerian Energy Infrastructure ETF during the fourth quarter worth approximately $47,000. Sunbelt Securities Inc. purchased a new position in shares of Alerian Energy Infrastructure ETF during the third quarter worth approximately $49,000. Ameriprise Financial Inc. lifted its holdings in shares of Alerian Energy Infrastructure ETF by 34.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 162,798 shares of the company’s stock worth $5,249,000 after acquiring an additional 41,808 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of Alerian Energy Infrastructure ETF by 17.3% in the 1st quarter. NewEdge Advisors LLC now owns 39,278 shares of the company’s stock worth $1,287,000 after acquiring an additional 5,799 shares during the last quarter.

Alerian Energy Infrastructure ETF Price Performance

NYSEARCA ENFR traded up $0.55 during trading hours on Wednesday, reaching $38.14. 87,026 shares of the stock traded hands, compared to its average volume of 91,724. The stock has a 50 day simple moving average of $37.38 and a two-hundred day simple moving average of $33.74. Alerian Energy Infrastructure ETF has a 1 year low of $29.83 and a 1 year high of $39.47. The company has a market cap of $448.15 million, a price-to-earnings ratio of 18.78 and a beta of 0.67.

Alerian Energy Infrastructure ETF Company Profile

The Alerian Energy Infrastructure ETF (ENFR) is an exchange-traded fund that is based on the Alerian Midstream Energy Select index. The fund tracks an index of energy infrastructure companies in the US and Canada, weighted by market capitalization. ENFR was launched on Nov 1, 2013 and is managed by Alerian.