Short Interest in InfraCap MLP ETF (NYSEARCA:AMZA) Increases By 69.5%

InfraCap MLP ETF (NYSEARCA:AMZA) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 60,670 shares, an increase of 69.5% from the June 30th total of 35,801 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 32,105 shares, the days-to-cover ratio is presently 1.9 days.

InfraCap MLP ETF Stock Up 0.2%

NYSEARCA AMZA opened at $48.61 on Friday. The company has a 50-day moving average price of $46.97 and a 200-day moving average price of $45.67. InfraCap MLP ETF has a 52 week low of $38.01 and a 52 week high of $49.75. The firm has a market capitalization of $467.14 million, a P/E ratio of 14.90 and a beta of 0.65.

Institutional Trading of InfraCap MLP ETF

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 20.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,751 shares of the company’s stock after acquiring an additional 633 shares during the period. JPMorgan Chase & Co.’s holdings in InfraCap MLP ETF were worth $151,000 as of its most recent SEC filing. 7.34% of the stock is owned by institutional investors and hedge funds.

About InfraCap MLP ETF

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.