Short Interest Worth Watching: Alerian Mlp Etf (NYSEARCA:AMLP) Sellers Covered 7.36% of Their Shorts

November 24, 2016 - By Ellis Scott   ·   0 Comments

Short Interest Worth Watching: Alerian Mlp Etf (NYSEARCA:AMLP) Sellers Covered 7.36% of Their Shorts

The stock of Alerian Mlp Etf (NYSEARCA:AMLP) registered a decrease of 7.36% in short interest. AMLP’s total short interest was 20.25 million shares in November as published by FINRA. Its down 7.36% from 21.86 million shares, reported previously. With 6.20M shares average volume, it will take short sellers 3 days to cover their AMLP’s short positions. The stock increased 0.24% or $0.03 on November 23, hitting $12.31. Alerian MLP (NYSEARCA:AMLP) has risen 0.82% since April 22, 2016 and is uptrending. It has underperformed by 4.59% the S&P500.

ALERIAN MLP ETF seeks investment results that correspond to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The company has a market cap of $9.21 billion. The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class. It has a 5.96 P/E ratio. The Index is comprised of 25 energy infrastructure MLPs.

More notable recent Alerian MLP (NYSEARCA:AMLP) news were published by: Businesswire.com which released: “JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN” on November 17, 2016, also Businesswire.com with their article: “ALPS | Alerian MLP Infrastructure Index Fund Declares Fourth Quarter …” published on October 27, 2016, Businesswire.com published: “Alerian MLP ETF (NYSE ARCA: AMLP) Declares Fourth Quarter Distribution of $0.2400” on November 09, 2016. More interesting news about Alerian MLP (NYSEARCA:AMLP) were released by: Realmoney.Thestreet.com and their article: “Is the Worst Over for the Alerian MLP ETF?” published on December 22, 2015 as well as Seekingalpha.com‘s news article titled: “JPMorgan Alerian MLP Index ETN: The Time Has Come To Buy” with publication date: March 25, 2016.

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By Ellis Scott

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