InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Up 195.2% in August

InfraCap MLP ETF (NYSEARCA:AMZA) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 175,500 shares, an increase of 195.2% from the July 30th total of 59,458 shares. Currently, 1.8% of the company’s stock are short sold. Based on an average trading volume of 32,693 shares, the days-to-cover ratio is presently 5.4 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in InfraCap MLP ETF stock. JPMorgan Chase & Co. grew its holdings in InfraCap MLP ETF (NYSEARCA:AMZA) by 60.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 3,118 shares of the company’s stock after acquiring an additional 1,175 shares during the quarter. JPMorgan Chase & Co.’s holdings in InfraCap MLP ETF were worth $135,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 7.34% of the company’s stock.

InfraCap MLP ETF Price Performance

Shares of InfraCap MLP ETF stock traded down $0.34 during trading on Thursday, hitting $50.48. 30,253 shares of the stock were exchanged, compared to its average volume of 42,263. The firm’s 50-day moving average price is $48.10 and its 200 day moving average price is $46.70. The stock has a market cap of $485.06 million, a price-to-earnings ratio of 14.90 and a beta of 0.66. InfraCap MLP ETF has a 12-month low of $38.01 and a 12-month high of $50.99.

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.