ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUB) Short Interest Update

ETRACS Alerian MLP Index ETN Series B (NYSEARCA:AMUBGet Free Report) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 17,403 shares, an increase of 592.2% from the June 15th total of 2,514 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 4,033 shares, the short-interest ratio is currently 4.3 days.

ETRACS Alerian MLP Index ETN Series B Trading Up 1.2%

Shares of NYSEARCA:AMUB traded up $0.26 during trading on Monday, reaching $22.25. 5,210 shares of the stock traded hands, compared to its average volume of 832. The stock has a 50-day moving average of $22.14 and a two-hundred day moving average of $21.34. ETRACS Alerian MLP Index ETN Series B has a 52-week low of $17.65 and a 52-week high of $23.55.

ETRACS Alerian MLP Index ETN Series B Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Friday, May 29th were given a $0.3242 dividend. This is a boost from ETRACS Alerian MLP Index ETN Series B’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.30 annualized dividend and a yield of 5.8%.

Institutional Trading of ETRACS Alerian MLP Index ETN Series B

A number of institutional investors and hedge funds have recently modified their holdings of the business. Virtu Financial LLC bought a new position in shares of ETRACS Alerian MLP Index ETN Series B during the fourth quarter valued at $394,000. Susquehanna International Group LLP bought a new stake in ETRACS Alerian MLP Index ETN Series B in the 3rd quarter worth about $886,000. Finally, North Capital Inc. raised its position in ETRACS Alerian MLP Index ETN Series B by 1.1% in the 1st quarter. North Capital Inc. now owns 88,130 shares of the company’s stock worth $1,912,000 after buying an additional 929 shares during the last quarter.

ETRACS Alerian MLP Index ETN Series B Company Profile

(Get Free Report)

The ETRACS Alerian MLP Index ETN Class B (AMUB) is an exchange-traded fund that is based on the Alerian MLP index, a market-cap-weighted index of 50 publicly traded energy MLPs. AMUB was launched on Oct 8, 2015 and is issued by ETRACS.

See Also

Receive News & Ratings for ETRACS Alerian MLP 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 Index ETN Series B and related companies with MarketBeat.com's FREE daily email newsletter.