ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) Short Interest Update

ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUBGet Free Report) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 2,181 shares, a drop of 59.3% from the December 15th total of 5,355 shares. Based on an average trading volume of 845 shares, the short-interest ratio is presently 2.6 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 845 shares, the short-interest ratio is presently 2.6 days.

ETRACS Alerian MLP Index ETN Series B Stock Down 0.1%

ETRACS Alerian MLP Index ETN Series B stock traded down $0.01 during trading on Thursday, reaching $19.83. 2 shares of the company’s stock were exchanged, compared to its average volume of 200. ETRACS Alerian MLP Index ETN Series B has a 52-week low of $16.86 and a 52-week high of $20.88. The company’s 50-day moving average is $19.09 and its two-hundred day moving average is $18.94.

ETRACS Alerian MLP Index ETN Series B Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, December 1st were paid a $0.3168 dividend. This represents a $1.27 dividend on an annualized basis and a dividend yield of 6.4%. This is an increase from ETRACS Alerian MLP Index ETN Series B’s previous quarterly dividend of $0.31. The ex-dividend date was Monday, December 1st.

Hedge Funds Weigh In On ETRACS Alerian MLP Index ETN Series B

A hedge fund recently bought a new stake in ETRACS Alerian MLP Index ETN Series B stock. Susquehanna International Group LLP purchased a new position in ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUBFree Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 47,858 shares of the company’s stock, valued at approximately $886,000. Susquehanna International Group LLP owned 2.18% of ETRACS Alerian MLP Index ETN Series B as of its most recent SEC filing.

ETRACS Alerian MLP Index ETN Series B Company Profile

(Get Free Report)

The ETRACS Alerian MLP Index ETN Class B (AMUB) is an exchange-traded fund that is based on the Alerian MLP index, a market-cap-weighted index of 50 publicly traded energy MLPs. AMUB was launched on Oct 8, 2015 and is issued by ETRACS.

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