Short Interest in Alerian MLP (AMLP) Expands By 9.6%

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.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Friday, February 9th will be issued a $0.2066 dividend. The ex-dividend date of this dividend is Thursday, February 8th. This is a positive change from Alerian MLP’s previous quarterly dividend of $0.21. This represents a $0.83 annualized dividend and a dividend yield of 7.72%. Alerian MLP’s dividend payout ratio is currently 41.75%.

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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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