InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Update

InfraCap MLP ETF (NYSEARCA:AMZA) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 35,801 shares, an increase of 350.8% from the June 15th total of 7,942 shares. Based on an average daily volume of 35,520 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Trading of InfraCap MLP ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC lifted its holdings in shares of InfraCap MLP ETF by 2.3% in the third 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 in the last quarter. JPMorgan Chase & Co. grew its holdings in InfraCap MLP ETF by 20.3% during the third quarter. JPMorgan Chase & Co. now owns 3,751 shares of the company’s stock worth $151,000 after buying an additional 633 shares in the last quarter. Finally, Aventura Private Wealth LLC purchased a new stake in InfraCap MLP ETF in the 4th quarter valued at $37,000. 7.34% of the stock is owned by institutional investors.

InfraCap MLP ETF Stock Performance

Shares of InfraCap MLP ETF stock traded up $1.38 during trading hours on Monday, reaching $48.59. The company’s stock had a trading volume of 27,564 shares, compared to its average volume of 44,418. InfraCap MLP ETF has a one year low of $38.01 and a one year high of $49.47. The company has a market capitalization of $466.95 million, a P/E ratio of 14.90 and a beta of 0.65. The stock’s fifty day simple moving average is $46.75 and its two-hundred day simple moving average is $44.81.

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.