Alerian MLP ETF (NYSEARCA:AMLP) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 45,786,424 shares, a drop of 7.6% from the October 15th total of 49,569,364 shares. Based on an average trading volume of 18,407,682 shares, the short-interest ratio is currently 2.5 days.

Several institutional investors have recently bought and sold shares of the company. Crescent Grove Advisors LLC boosted its holdings in Alerian MLP ETF by 6.2% during the second quarter. Crescent Grove Advisors LLC now owns 268,758 shares of the exchange traded fund’s stock worth $2,714,000 after buying an additional 15,755 shares in the last quarter. Baystate Wealth Management LLC boosted its holdings in Alerian MLP ETF by 2.6% during the second quarter. Baystate Wealth Management LLC now owns 4,122,381 shares of the exchange traded fund’s stock worth $41,883,000 after buying an additional 102,946 shares in the last quarter. Broadleaf Partners LLC boosted its holdings in Alerian MLP ETF by 120.7% during the second quarter. Broadleaf Partners LLC now owns 310,178 shares of the exchange traded fund’s stock worth $3,133,000 after buying an additional 169,644 shares in the last quarter. Jordan Park Group LLC boosted its holdings in Alerian MLP ETF by 4,035.0% during the second quarter. Jordan Park Group LLC now owns 5,309,292 shares of the exchange traded fund’s stock worth $53,624,000 after buying an additional 5,180,892 shares in the last quarter. Finally, Friedenthal Financial boosted its holdings in Alerian MLP ETF by 4.9% during the second quarter. Friedenthal Financial now owns 109,859 shares of the exchange traded fund’s stock worth $1,110,000 after buying an additional 5,154 shares in the last quarter.

Alerian MLP ETF stock opened at $9.55 on Thursday. Alerian MLP ETF has a 12-month low of $9.01 and a 12-month high of $11.89.

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About Alerian MLP ETF

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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