Short Interest in Alerian MLP ETF (AMLP) Decreases By 24.7%

Alerian MLP ETF (NYSEARCA:AMLP) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 25,231,128 shares, a drop of 24.7% from the December 14th total of 33,496,751 shares. Based on an average daily trading volume, of 43,400,905 shares, the short-interest ratio is presently 0.6 days.

Several hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp increased its holdings in Alerian MLP ETF by 1.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 472,857 shares of the exchange traded fund’s stock worth $4,776,000 after purchasing an additional 5,049 shares in the last quarter. Paloma Partners Management Co increased its holdings in Alerian MLP ETF by 7.4% during the 2nd quarter. Paloma Partners Management Co now owns 84,000 shares of the exchange traded fund’s stock worth $848,000 after purchasing an additional 5,786 shares in the last quarter. Laurel Wealth Advisors Inc. bought a new position in Alerian MLP ETF during the 2nd quarter worth about $215,000. Green Square Capital LLC increased its holdings in Alerian MLP ETF by 158.0% during the 2nd quarter. Green Square Capital LLC now owns 1,614,712 shares of the exchange traded fund’s stock worth $16,309,000 after purchasing an additional 988,745 shares in the last quarter. Finally, LFA Lugano Financial Advisors SA bought a new position in Alerian MLP ETF during the 2nd quarter worth about $299,000.

Shares of AMLP stock traded down $0.05 during trading hours on Friday, reaching $9.65. The company had a trading volume of 18,526,082 shares, compared to its average volume of 23,996,443. Alerian MLP ETF has a 1-year low of $8.27 and a 1-year high of $11.41.

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About Alerian MLP ETF

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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