ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) Shares Shorted: Short Interest Up 112.3% in September

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

ETRACS Alerian MLP Infrastructure Index ETN Series B Trading Down 1.6%

Shares of NYSEARCA MLPB opened at $29.36 on Wednesday. ETRACS Alerian MLP Infrastructure Index ETN Series B has a 52-week low of $23.41 and a 52-week high of $31.94. The stock has a 50 day moving average price of $30.83 and a 200 day moving average price of $29.71.

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 given a dividend of $0.4437 per share. This is a boost from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous quarterly dividend of $0.4359. The ex-dividend date of this dividend was Tuesday, July 14th. This represents a $1.77 dividend on an annualized basis 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.