InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Update

InfraCap MLP ETF (NYSEARCA:AMZA) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 20,333 shares, a growth of 266.0% from the April 15th total of 5,556 shares. Based on an average daily trading volume, of 49,703 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AMZA. Aventura Private Wealth LLC acquired a new position in InfraCap MLP ETF during the fourth quarter worth about $37,000. CoreCap Advisors LLC grew 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 acquiring an additional 396 shares during the period. JPMorgan Chase & Co. grew its holdings in 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 acquiring an additional 1,175 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in 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. 7.34% of the stock is owned by institutional investors and hedge funds.

InfraCap MLP ETF Price Performance

AMZA opened at $47.59 on Thursday. The company has a market capitalization of $463.53 million, a price-to-earnings ratio of 14.90 and a beta of 0.69. InfraCap MLP ETF has a 1-year low of $38.01 and a 1-year high of $47.89. The business has a 50 day moving average price of $45.92 and a two-hundred day moving average price of $42.71.

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 given a $0.34 dividend. This represents a c) dividend on an annualized basis and a yield of 8.6%. The ex-dividend date was Friday, February 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.