ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) Short Interest Down 93.5% in August

ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 511 shares, a decline of 93.5% from the August 15th total of 7,903 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,087 shares, the days-to-cover ratio is currently 0.2 days.

ETRACS Alerian MLP Infrastructure Index ETN Series B Stock Down 0.6%

NYSEARCA:MLPB traded down $0.20 during mid-day trading on Thursday, reaching $31.64. The company’s stock had a trading volume of 6,088 shares, compared to its average volume of 5,893. ETRACS Alerian MLP Infrastructure Index ETN Series B has a 1 year low of $23.41 and a 1 year high of $31.94. The stock has a fifty day moving average of $30.57 and a 200-day moving average of $29.55.

ETRACS Alerian MLP Infrastructure Index ETN Series B Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Tuesday, July 14th were issued a $0.4437 dividend. The ex-dividend date was Tuesday, July 14th. This represents a $1.77 annualized dividend and a dividend yield of 5.6%. This is an increase from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous quarterly dividend of $0.44.

About ETRACS Alerian MLP Infrastructure Index ETN Series B

The ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) is an exchange-traded fund that is based on the Alerian MLP Infrastructure index, a market-cap-weighted index of 25 North American energy infrastructure master limited partnerships. MLPB was launched on Oct 8, 2015 and is issued by ETRACS.