Short Interest in InfraCap MLP ETF (NYSEARCA:AMZA) Declines By 42.9%

InfraCap MLP ETF (NYSEARCA:AMZA) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 5,314 shares, a drop of 42.9% from the December 15th total of 9,302 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 32,695 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 32,695 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of InfraCap MLP ETF

Several hedge funds have recently added to or reduced their stakes in AMZA. NewEdge Advisors LLC increased its position in InfraCap MLP ETF by 2.3% in the 3rd quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock worth $2,479,000 after buying an additional 1,395 shares during the period. JPMorgan Chase & Co. boosted its position in shares of InfraCap MLP ETF by 20.3% in the third quarter. JPMorgan Chase & Co. now owns 3,751 shares of the company’s stock valued at $151,000 after acquiring an additional 633 shares during the period. CoreCap Advisors LLC boosted its position in shares of InfraCap MLP ETF by 24.5% in the third quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock valued at $81,000 after acquiring an additional 396 shares during the period. Finally, Aventura Private Wealth LLC acquired a new stake in shares of InfraCap MLP ETF in the fourth quarter worth $37,000. Institutional investors own 7.34% of the company’s stock.

InfraCap MLP ETF Stock Down 0.7%

AMZA stock traded down $0.31 during mid-day trading on Thursday, reaching $41.36. 39,129 shares of the stock traded hands, compared to its average volume of 60,983. InfraCap MLP ETF has a 52 week low of $37.18 and a 52 week high of $48.98. The business has a 50-day moving average of $39.85 and a two-hundred day moving average of $40.89. The firm has a market capitalization of $397.47 million, a PE ratio of 14.90 and a beta of 0.95.

About InfraCap MLP ETF

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.