Alerian MLP (AMLP) Sees Significant Increase in Short Interest
Alerian MLP (NYSE:AMLP) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 29,110,465 shares, an increase of 27.3% from the September 15th total of 22,869,309 shares. Based on an average daily trading volume, of 6,765,336 shares, the days-to-cover ratio is presently 4.3 days.
Shares of Alerian MLP (NYSE:AMLP) opened at 12.51 on Monday. Alerian MLP has a 12 month low of $7.77 and a 12 month high of $14.16. The stock has a 50 day moving average price of $12.51 and a 200-day moving average price of $12.33.
About Alerian MLP
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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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