Short Interest in JPMorgan Alerian MLP ETN (AMJ) Declines By 34.7%
JPMorgan Alerian MLP ETN (NYSEARCA:AMJ) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 3,762,977 shares, a drop of 34.7% from the October 31st total of 5,761,884 shares. Based on an average daily volume of 2,883,374 shares, the days-to-cover ratio is presently 1.3 days.
JPMorgan Alerian MLP ETN (AMJ) opened at $26.24 on Friday. JPMorgan Alerian MLP ETN has a 52-week low of $24.93 and a 52-week high of $34.41.
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 7th. Investors of record on Wednesday, November 29th will be issued a dividend of $0.4741 per share. This represents a $1.90 annualized dividend and a dividend yield of 7.23%. The ex-dividend date is Tuesday, November 28th.
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