InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Up 153.1% in January

InfraCap MLP ETF (NYSEARCA:AMZA) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 13,451 shares, an increase of 153.1% from the December 31st total of 5,314 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 61,036 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 61,036 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Trading of InfraCap MLP ETF

A number of institutional investors have recently made changes to their positions in AMZA. Aventura Private Wealth LLC purchased a new position in shares of InfraCap MLP ETF in the fourth quarter worth $37,000. CoreCap Advisors LLC lifted its stake in InfraCap MLP ETF by 24.5% during the 3rd quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock valued at $81,000 after acquiring an additional 396 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of InfraCap MLP ETF by 60.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,118 shares of the company’s stock valued at $135,000 after acquiring an additional 1,175 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of InfraCap MLP ETF by 2.3% in the third quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock worth $2,479,000 after acquiring an additional 1,395 shares during the period. Institutional investors and hedge funds own 7.34% of the company’s stock.

InfraCap MLP ETF Stock Performance

InfraCap MLP ETF stock traded up $0.51 during trading hours on Thursday, hitting $42.61. The company had a trading volume of 40,226 shares, compared to its average volume of 52,465. The firm has a market cap of $409.48 million, a P/E ratio of 14.90 and a beta of 0.95. The company has a 50-day moving average price of $40.25 and a two-hundred day moving average price of $40.78. InfraCap MLP ETF has a 1 year low of $37.18 and a 1 year high of $48.98.

InfraCap MLP ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, January 27th. Investors of record on Tuesday, January 20th were paid a $0.34 dividend. This represents a c) dividend on an annualized basis and a yield of 9.6%. This is a boost from InfraCap MLP ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Tuesday, January 20th.

InfraCap MLP ETF Company Profile

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.