InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Update

InfraCap MLP ETF (NYSEARCA:AMZA) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 56,994 shares, a decrease of 33.8% from the January 29th total of 86,124 shares. Based on an average daily volume of 50,528 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 50,528 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. CoreCap Advisors LLC lifted its holdings 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. JPMorgan Chase & Co. boosted its holdings in shares of InfraCap MLP ETF by 20.3% in the third quarter. JPMorgan Chase & Co. now owns 3,751 shares of the company’s stock valued at $151,000 after acquiring an additional 633 shares in the last quarter. Aventura Private Wealth LLC purchased a new stake in shares of InfraCap MLP ETF in the fourth quarter valued at about $37,000. Finally, NewEdge Advisors LLC increased 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 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 $0.27 during midday trading on Friday, hitting $45.30. 43,995 shares of the company’s stock were exchanged, compared to its average volume of 51,133. The stock has a market cap of $435.33 million, a price-to-earnings ratio of 14.90 and a beta of 0.95. InfraCap MLP ETF has a 12-month low of $37.18 and a 12-month high of $48.45. The firm’s 50 day simple moving average is $41.99 and its 200 day simple moving average is $40.93.

InfraCap MLP ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders 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) annualized dividend and a yield of 9.0%.

About InfraCap MLP ETF

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.