What’s Alerian Mlp Etf (NYSEARCA:AMLP) Upside After This Short Interest Decrease?

November 14, 2017 - By Ellis Scott

 What's Alerian Mlp Etf (NYSEARCA:AMLP) Upside After This Short Interest Decrease?

The stock of Alerian Mlp Etf (NYSEARCA:AMLP) registered a decrease of 18.47% in short interest. AMLP’s total short interest was 19.45 million shares in November as published by FINRA. Its down 18.47% from 23.85M shares, reported previously. With 14.52M shares average volume, it will take short sellers 1 days to cover their AMLP’s short positions.

The stock decreased 1.79% or $0.19 during the last trading session, reaching $10.15. About 3.79 million shares traded or Infinity% up from the average. Alerian MLP (NYSEARCA:AMLP) has declined 0.02% since November 14, 2016 and is downtrending. It has underperformed by 16.72% 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 market cap of $9.28 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 4.92 P/E ratio. The Index is comprised of 25 energy infrastructure MLPs.

More recent Alerian MLP (NYSEARCA:AMLP) news were published by: Businesswire.com which released: “Alerian MLP ETF Declares Fourth Quarter Distribution of $0.2052” on November 09, 2017. Also Reuters.com published the news titled: “MLPs poised for bounce, but could be short-lived” on November 10, 2017. Businesswire.com‘s news article titled: “ALPS | Alerian MLP Infrastructure Index Fund Declares Fourth Quarter …” with publication date: October 26, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: