Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) Short Interest Update

Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 311,909 shares, a growth of 48.5% from the August 31st total of 210,084 shares. Based on an average daily volume of 102,305 shares, the short-interest ratio is currently 3.0 days. Currently, 2.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Alerian Energy Infrastructure ETF

A hedge fund recently bought a new position in Alerian Energy Infrastructure ETF stock. Bank of New York Mellon Corp purchased a new stake in Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 13,828 shares of the company’s stock, valued at approximately $528,000. Bank of New York Mellon Corp owned about 0.12% of Alerian Energy Infrastructure ETF at the end of the most recent reporting period.

Alerian Energy Infrastructure ETF Stock Up 1.2%

NYSEARCA:ENFR traded up $0.43 during mid-day trading on Thursday, reaching $37.08. 186,584 shares of the stock were exchanged, compared to its average volume of 89,194. The company has a 50 day simple moving average of $39.24 and a 200-day simple moving average of $38.65. The stock has a market capitalization of $523.58 million, a P/E ratio of 18.78 and a beta of 0.65. Alerian Energy Infrastructure ETF has a 1 year low of $29.83 and a 1 year high of $40.95.

Alerian Energy Infrastructure ETF Company Profile

The Alerian Energy Infrastructure ETF (ENFR) is an exchange-traded fund that is based on the Alerian Midstream Energy Select index. The fund tracks an index of energy infrastructure companies in the US and Canada, weighted by market capitalization. ENFR was launched on Nov 1, 2013 and is managed by Alerian.