iPath Select MLP ETN (BATS:ATMP) Stock Short Interest Report for September

iPath Select MLP ETN (BATS:ATMP) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 132,708 shares, a growth of 223.6% from the September 15th total of 41,012 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 19,765 shares, the short-interest ratio is currently 6.7 days.

iPath Select MLP ETN Trading Up 0.4%

Shares of ATMP opened at $35.09 on Tuesday. iPath Select MLP ETN has a 52-week low of $27.23 and a 52-week high of $37.38. The business’s fifty day moving average is $36.07 and its 200-day moving average is $35.28.

iPath Select MLP ETN Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Friday, August 28th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Friday, August 28th. This is a negative change from iPath Select MLP ETN’s previous quarterly dividend of $0.4088.

About iPath Select MLP ETN

The Barclays ETN+ Select MLP ETN (ATMP) is an exchange-traded fund that is based on the CIBC Atlas Select MLP VWAP index. The fund tracks a tiered-weighted index consisting of US and Canadian MLPs and general partners of MLPs that are selected based on fundamental criteria. ATMP was launched on Mar 12, 2013 and is issued by Barclays.