Short Interest in InfraCap MLP ETF (NYSEARCA:AMZA) Rises By 160.6%

InfraCap MLP ETF (NYSEARCA:AMZA) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 9,302 shares, a growth of 160.6% from the November 30th total of 3,569 shares. Based on an average daily trading volume, of 24,906 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 24,906 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of InfraCap MLP ETF

A number of large investors have recently made changes to their positions in the business. NewEdge Advisors LLC grew its stake in InfraCap MLP ETF by 8.3% in the first quarter. NewEdge Advisors LLC now owns 66,390 shares of the company’s stock worth $3,154,000 after purchasing an additional 5,064 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of InfraCap MLP ETF by 60.5% during the second quarter. JPMorgan Chase & Co. now owns 3,118 shares of the company’s stock worth $135,000 after acquiring an additional 1,175 shares during the last quarter. Finally, CoreCap Advisors LLC grew its holdings in shares of InfraCap MLP ETF by 24.5% during the third quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock valued at $81,000 after buying an additional 396 shares during the last quarter. 7.34% of the stock is currently owned by institutional investors.

InfraCap MLP ETF Stock Down 1.4%

AMZA traded down $0.54 during midday trading on Friday, hitting $39.07. 41,855 shares of the company traded hands, compared to its average volume of 37,963. The firm has a market capitalization of $377.42 million, a PE ratio of 14.90 and a beta of 0.95. InfraCap MLP ETF has a 52 week low of $37.18 and a 52 week high of $48.98. The company’s 50-day moving average is $39.55 and its 200 day moving average is $41.18.

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.