InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Up 81.4% in February

InfraCap MLP ETF (NYSEARCA:AMZA) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 103,385 shares, a growth of 81.4% from the February 12th total of 56,994 shares. Based on an average daily volume of 49,475 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.1% of the company’s stock are short sold. Approximately 1.1% of the company’s stock are short sold. Based on an average daily volume of 49,475 shares, the days-to-cover ratio is currently 2.1 days.

InfraCap MLP ETF Trading Up 0.3%

Shares of AMZA traded up $0.13 during trading hours on Friday, reaching $45.26. The stock had a trading volume of 59,479 shares, compared to its average volume of 50,877. The firm has a 50-day simple moving average of $43.21 and a 200 day simple moving average of $41.16. InfraCap MLP ETF has a 12 month low of $37.18 and a 12 month high of $48.45. The company has a market capitalization of $434.95 million, a price-to-earnings ratio of 14.90 and a beta of 0.95.

InfraCap MLP ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were issued a dividend of $0.34 per share. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a yield of 9.0%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Aventura Private Wealth LLC bought a new stake in shares of InfraCap MLP ETF during the fourth quarter worth about $37,000. CoreCap Advisors LLC lifted its position in InfraCap MLP ETF by 24.5% in the 3rd quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock valued at $81,000 after acquiring an additional 396 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in InfraCap MLP ETF by 60.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,118 shares of the company’s stock valued at $135,000 after purchasing an additional 1,175 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in InfraCap MLP ETF by 2.3% during the 3rd quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock valued at $2,479,000 after purchasing an additional 1,395 shares during the last quarter. 7.34% of the stock is currently owned by institutional investors and hedge funds.

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.