InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Update

InfraCap MLP ETF (NYSEARCA:AMZA) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 5,556 shares, a decline of 36.0% from the March 31st total of 8,684 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 43,637 shares, the days-to-cover ratio is currently 0.1 days.

InfraCap MLP ETF Price Performance

Shares of AMZA stock traded up $0.13 on Thursday, reaching $46.94. 6,039 shares of the stock were exchanged, compared to its average volume of 48,438. The stock has a market cap of $457.20 million, a PE ratio of 14.90 and a beta of 0.74. InfraCap MLP ETF has a one year low of $38.01 and a one year high of $47.84. The stock has a 50 day moving average price of $45.58 and a 200 day moving average price of $42.23.

InfraCap MLP ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%.

Institutional Investors Weigh In On InfraCap MLP ETF

A number of institutional investors have recently made changes to their positions in AMZA. JPMorgan Chase & Co. grew its stake in shares of InfraCap MLP ETF by 60.5% during the second quarter. JPMorgan Chase & Co. now owns 3,118 shares of the company’s stock worth $135,000 after purchasing an additional 1,175 shares during the period. CoreCap Advisors LLC grew its stake in shares of InfraCap MLP ETF by 24.5% during the third quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock worth $81,000 after purchasing an additional 396 shares during the period. NewEdge Advisors LLC grew its stake in shares of InfraCap MLP ETF by 2.3% during the third quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock worth $2,479,000 after purchasing an additional 1,395 shares during the period. Finally, Aventura Private Wealth LLC acquired a new stake in shares of InfraCap MLP ETF during the fourth quarter worth $37,000. 7.34% of the stock is owned by institutional investors and hedge funds.

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.