InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Up 195.2% in August

InfraCap MLP ETF (NYSEARCA:AMZA) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 175,500 shares, a growth of 195.2% from the July 30th total of 59,458 shares. Based on an average daily trading volume, of 32,693 shares, the short-interest ratio is presently 5.4 days. Currently, 1.8% of the company’s shares are short sold.

Hedge Funds Weigh In On InfraCap MLP ETF

A hedge fund recently raised its stake in InfraCap MLP ETF stock. NewEdge Advisors LLC raised its position in InfraCap MLP ETF (NYSEARCA:AMZA) by 2.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,691 shares of the company’s stock after purchasing an additional 1,395 shares during the quarter. NewEdge Advisors LLC owned 0.64% of InfraCap MLP ETF worth $2,479,000 as of its most recent SEC filing. 7.34% of the stock is currently owned by institutional investors.

InfraCap MLP ETF Stock Down 0.6%

AMZA traded down $0.28 during trading on Friday, reaching $50.17. The company had a trading volume of 23,499 shares, compared to its average volume of 42,190. The business has a 50 day simple moving average of $48.30 and a 200-day simple moving average of $46.78. The stock has a market cap of $482.13 million, a P/E ratio of 14.90 and a beta of 0.66. InfraCap MLP ETF has a 52 week low of $38.01 and a 52 week high of $50.99.

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.