ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB – Get Free Report) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 343 shares, an increase of 512.5% from the October 15th total of 56 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,954 shares, the short-interest ratio is currently 0.2 days.
ETRACS Alerian MLP Infrastructure Index ETN Series B Price Performance
MLPB stock traded up $0.08 during trading on Friday, reaching $28.40. 1,442 shares of the stock were exchanged, compared to its average volume of 5,488. ETRACS Alerian MLP Infrastructure Index ETN Series B has a 1 year low of $24.52 and a 1 year high of $31.94. The business has a 50 day moving average price of $29.72 and a 200-day moving average price of $29.35.
ETRACS Alerian MLP Infrastructure Index ETN Series B Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Tuesday, October 13th were given a $0.4342 dividend. The ex-dividend date of this dividend was Tuesday, October 13th. This is a negative change from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous quarterly dividend of $0.4437. This represents a $1.74 dividend on an annualized basis and a yield of 6.1%.
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.
Further Reading
- Five stocks we like better than ETRACS Alerian MLP Infrastructure Index ETN Series B
- Costco’s Record $30 Dividend Shows Just How Strong Its Cash Machine Is
- Heavy Lifting: Can USA Rare Earth Turn Its First Sales Into Big Profits?
- These 3 Stocks Have Bought Back Billions, But Which Offers the Best Value?
- Golden Dome’s $185 Billion Question: Who Actually Gets Paid?
Receive News & Ratings for ETRACS Alerian MLP Infrastructure Index ETN Series B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS Alerian MLP Infrastructure Index ETN Series B and related companies with MarketBeat.com's FREE daily email newsletter.
