Short Interest in InfraCap MLP ETF (NYSEARCA:AMZA) Grows By 350.8%

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Aventura Private Wealth LLC bought a new stake in InfraCap MLP ETF during the 4th quarter valued at about $37,000. JPMorgan Chase & Co. grew its stake in InfraCap MLP ETF by 60.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,118 shares of the company’s stock worth $135,000 after acquiring an additional 1,175 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of InfraCap MLP ETF by 2.3% during the third quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock worth $2,479,000 after acquiring an additional 1,395 shares during the period. 7.34% of the stock is currently owned by institutional investors.

InfraCap MLP ETF Stock Up 3.5%

Shares of InfraCap MLP ETF stock opened at $48.86 on Tuesday. The stock’s fifty day moving average is $46.76 and its two-hundred day moving average is $44.87. The company has a market capitalization of $469.54 million, a PE ratio of 14.90 and a beta of 0.65. InfraCap MLP ETF has a 52 week low of $38.01 and a 52 week high of $49.47.

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.