ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR) Stock Short Interest Report for September

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (NYSEARCA:MLPR) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 194 shares, a decrease of 55.0% from the September 15th total of 431 shares. Based on an average trading volume of 374 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Trading Down 2.3%

NYSEARCA MLPR traded down $1.59 during trading on Tuesday, reaching $68.99. 838 shares of the company’s stock traded hands, compared to its average volume of 647. ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN has a 12-month low of $49.81 and a 12-month high of $80.16. The company’s 50 day simple moving average is $75.57 and its two-hundred day simple moving average is $72.87.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Tuesday, October 13th will be paid a dividend of $1.7570 per share. This is a decrease from ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN’s previous quarterly dividend of $1.7670. The ex-dividend date is Tuesday, October 13th. This represents a $7.03 dividend on an annualized basis and a dividend yield of 10.2%.

ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN Company Profile

The ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) is an exchange-traded fund that is based on the Alerian MLP index. The fund provides quarterly 1.5x leveraged exposure to a market-cap-weighted index of 50 publicly traded energy MLPs. MLPR was launched on Jun 2, 2020 and is issued by ETRACS.