Alerian MLP (AMLP) Short Interest Update
Alerian MLP (NYSEARCA:AMLP) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 35,359,128 shares, a drop of 32.7% from the April 30th total of 52,504,101 shares. Based on an average trading volume of 15,008,099 shares, the days-to-cover ratio is presently 2.4 days.
Shares of Alerian MLP traded down $0.05, reaching $10.46, during trading hours on Thursday, according to Marketbeat. 8,019,649 shares of the stock traded hands, compared to its average volume of 17,066,771. Alerian MLP has a 52-week low of $9.01 and a 52-week high of $12.13.
The company also recently announced a quarterly dividend, which was paid on Thursday, May 17th. Investors of record on Friday, May 11th were paid a dividend of $0.2066 per share. This represents a $0.83 dividend on an annualized basis and a dividend yield of 7.90%. The ex-dividend date of this dividend was Thursday, May 10th.
Alerian MLP Company Profile
ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). 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.
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