Alerian MLP (NYSEARCA:AMLP) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 46,147,924 shares, an increase of 24.7% from the January 31st total of 36,998,314 shares. Based on an average daily trading volume, of 16,681,433 shares, the short-interest ratio is presently 2.8 days.

Shares of Alerian MLP (AMLP) opened at $10.15 on Monday. The stock has a market capitalization of $9,220.00 and a PE ratio of 4.93. Alerian MLP has a twelve month low of $9.79 and a twelve month high of $13.00.

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The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Friday, February 9th were issued a dividend of $0.2066 per share. This represents a $0.83 annualized dividend and a yield of 8.14%. The ex-dividend date was Thursday, February 8th. This is an increase from Alerian MLP’s previous quarterly dividend of $0.21. Alerian MLP’s payout ratio is presently 40.78%.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Capital Wealth Planning LLC acquired a new stake in Alerian MLP during the 4th quarter worth about $108,000. Lake Street Advisors Group LLC acquired a new stake in Alerian MLP during the 4th quarter worth about $115,000. Westside Investment Management Inc. raised its holdings in Alerian MLP by 97.9% during the 4th quarter. Westside Investment Management Inc. now owns 12,500 shares of the exchange traded fund’s stock worth $142,000 after buying an additional 6,185 shares during the period. Wealthcare Advisory Partners LLC acquired a new stake in Alerian MLP during the 3rd quarter worth about $143,000. Finally, Burke & Herbert Bank & Trust Co. acquired a new stake in Alerian MLP during the 4th quarter worth about $156,000.

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About Alerian MLP

ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class.

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