ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) Stock Short Interest Climbs 112.3%

ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,085 shares, an increase of 112.3% from the August 31st total of 511 shares. Based on an average daily trading volume, of 3,297 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

ETRACS Alerian MLP Infrastructure Index ETN Series B Price Performance

Shares of ETRACS Alerian MLP Infrastructure Index ETN Series B stock traded down $0.47 during trading on Tuesday, hitting $29.36. 2,516 shares of the company were exchanged, compared to its average volume of 5,861. The firm’s fifty day moving average price is $30.83 and its 200 day moving average price is $29.71. ETRACS Alerian MLP Infrastructure Index ETN Series B has a 1-year low of $23.41 and a 1-year high of $31.94.

ETRACS Alerian MLP Infrastructure Index ETN Series B Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Tuesday, July 14th were paid a $0.4437 dividend. The ex-dividend date of this dividend was Tuesday, July 14th. This is a boost from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous quarterly dividend of $0.4359. This represents a $1.77 annualized dividend and a yield of 6.0%.

ETRACS Alerian MLP Infrastructure Index ETN Series B Company Profile

The ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) is an exchange-traded fund that is based on the Alerian MLP Infrastructure index, a market-cap-weighted index of 25 North American energy infrastructure master limited partnerships. MLPB was launched on Oct 8, 2015 and is issued by ETRACS.