InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Update

InfraCap MLP ETF (NYSEARCA:AMZA) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 20,333 shares, an increase of 266.0% from the April 15th total of 5,556 shares. Based on an average trading volume of 49,703 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On InfraCap MLP ETF

Institutional investors have recently bought and sold shares of the company. Aventura Private Wealth LLC bought a new stake in InfraCap MLP ETF in the 4th quarter valued at approximately $37,000. CoreCap Advisors LLC boosted its holdings in 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 last quarter. JPMorgan Chase & Co. grew its position in InfraCap MLP ETF by 60.5% in the second quarter. JPMorgan Chase & Co. now owns 3,118 shares of the company’s stock valued at $135,000 after purchasing an additional 1,175 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in InfraCap MLP ETF by 2.3% in the third quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock valued at $2,479,000 after purchasing an additional 1,395 shares in the last quarter. Institutional investors own 7.34% of the company’s stock.

InfraCap MLP ETF Stock Down 0.2%

Shares of NYSEARCA:AMZA traded down $0.09 during midday trading on Friday, reaching $48.33. 33,762 shares of the company were exchanged, compared to its average volume of 46,781. InfraCap MLP ETF has a fifty-two week low of $38.01 and a fifty-two week high of $48.81. The stock has a fifty day simple moving average of $46.02 and a two-hundred day simple moving average of $42.82. The firm has a market cap of $470.73 million, a PE ratio of 14.90 and a beta of 0.69.

InfraCap MLP ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were paid a $0.34 dividend. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a yield of 8.4%.

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.