InfraCap MLP ETF (NYSEARCA:AMZA) Sees Significant Drop in Short Interest

InfraCap MLP ETF (NYSEARCA:AMZA) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 36,126 shares, a decline of 79.4% from the August 15th total of 175,500 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 33,523 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of InfraCap MLP ETF

An institutional investor recently raised its stake in InfraCap MLP ETF stock. NewEdge Advisors LLC boosted its position in shares of InfraCap MLP ETF (NYSEARCA:AMZA) by 2.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 61,691 shares of the company’s stock after acquiring an additional 1,395 shares during the period. NewEdge Advisors LLC owned 0.64% of InfraCap MLP ETF worth $2,479,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 7.34% of the company’s stock.

InfraCap MLP ETF Price Performance

Shares of NYSEARCA AMZA opened at $50.94 on Friday. InfraCap MLP ETF has a 1-year low of $38.01 and a 1-year high of $51.48. The business has a fifty day moving average price of $49.20 and a 200 day moving average price of $47.21. The stock has a market capitalization of $489.53 million, a P/E ratio of 14.90 and a beta of 0.67.

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.