Alerian MLP (NYSEARCA:AMLP) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 36,998,314 shares, an increase of 9.6% from the January 12th total of 33,771,116 shares. Based on an average trading volume of 14,718,758 shares, the short-interest ratio is currently 2.5 days.
Several hedge funds have recently added to or reduced their stakes in the company. Colony Group LLC bought a new position in Alerian MLP during the second quarter valued at $135,000. Frontier Investment Mgmt Co. bought a new position in Alerian MLP during the second quarter valued at $138,000. Wealthcare Advisory Partners LLC bought a new position in Alerian MLP during the third quarter valued at $143,000. Burke & Herbert Bank & Trust Co. bought a new position in Alerian MLP during the fourth quarter valued at $156,000. Finally, Sage Advisory Services Ltd.Co. bought a new position in Alerian MLP during the third quarter valued at $172,000.
Alerian MLP (AMLP) opened at $10.70 on Tuesday. The stock has a market capitalization of $10,060.00 and a P/E ratio of 5.19. Alerian MLP has a twelve month low of $9.79 and a twelve month high of $13.24.
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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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