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

ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUBGet Free Report) saw 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 daily volume of 845 shares, the days-to-cover ratio is currently 2.6 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 845 shares, the days-to-cover ratio is currently 2.6 days.

ETRACS Alerian MLP Index ETN Series B Trading Up 0.4%

Shares of ETRACS Alerian MLP Index ETN Series B stock traded up $0.08 during trading on Wednesday, hitting $19.84. The stock had a trading volume of 3 shares, compared to its average volume of 211. The business has a fifty day moving average of $19.04 and a two-hundred day moving average of $18.93. ETRACS Alerian MLP Index ETN Series B has a fifty-two week low of $16.86 and a fifty-two week high of $20.88.

ETRACS Alerian MLP Index ETN Series B Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Monday, December 1st were paid a dividend of $0.3168 per share. This is a boost from ETRACS Alerian MLP Index ETN Series B’s previous quarterly dividend of $0.31. This represents a $1.27 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend 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 acquired a new stake in ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUBFree Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 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 filing with the SEC.

About ETRACS Alerian MLP Index ETN Series B

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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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