InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Update

InfraCap MLP ETF (NYSEARCA:AMZA) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 36,126 shares, a decrease of 79.4% from the August 15th total of 175,500 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 33,523 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of InfraCap MLP ETF

A hedge fund recently raised its stake in InfraCap MLP ETF stock. NewEdge Advisors LLC grew its stake in shares of InfraCap MLP ETF (NYSEARCA:AMZA) by 2.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 61,691 shares of the company’s stock after acquiring an additional 1,395 shares during the period. NewEdge Advisors LLC owned about 0.64% of InfraCap MLP ETF worth $2,479,000 at the end of the most recent reporting period. 7.34% of the stock is currently owned by institutional investors and hedge funds.

InfraCap MLP ETF Trading Up 0.3%

AMZA stock traded up $0.15 during trading hours on Friday, hitting $51.06. 22,453 shares of the stock traded hands, compared to its average volume of 42,073. The stock has a 50-day simple moving average of $49.29 and a 200 day simple moving average of $47.24. The company has a market cap of $490.69 million, a P/E ratio of 14.90 and a beta of 0.67. InfraCap MLP ETF has a one year low of $38.01 and a one year high of $51.48.

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.