Ubs Ag Etn (MLPI) Short Interest Down 80.4% in January

Ubs Ag Etn (NYSEARCA:MLPI) was the recipient of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 112,692 shares, a drop of 80.4% from the January 12th total of 575,761 shares. Based on an average trading volume of 403,603 shares, the short-interest ratio is presently 0.3 days.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Homrich & Berg increased its holdings in Ubs Ag Etn by 19.2% during the 4th quarter. Homrich & Berg now owns 3,140,216 shares of the company’s stock worth $75,962,000 after purchasing an additional 505,106 shares during the period. Diversified Trust Co increased its holdings in Ubs Ag Etn by 4.3% during the 4th quarter. Diversified Trust Co now owns 1,922,637 shares of the company’s stock worth $46,508,000 after purchasing an additional 80,117 shares during the period. Signaturefd LLC increased its holdings in Ubs Ag Etn by 25.8% during the 4th quarter. Signaturefd LLC now owns 1,612,394 shares of the company’s stock worth $39,004,000 after purchasing an additional 330,594 shares during the period. Klingman & Associates LLC increased its holdings in Ubs Ag Etn by 23.2% during the 4th quarter. Klingman & Associates LLC now owns 1,395,823 shares of the company’s stock worth $33,765,000 after purchasing an additional 262,831 shares during the period. Finally, Ballentine Partners LLC increased its holdings in Ubs Ag Etn by 5.7% during the 4th quarter. Ballentine Partners LLC now owns 1,049,650 shares of the company’s stock worth $25,392,000 after purchasing an additional 56,821 shares during the period.

Shares of Ubs Ag Etn (NYSEARCA:MLPI) opened at $24.28 on Thursday. Ubs Ag Etn has a one year low of $21.95 and a one year high of $30.62.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 24th. Shareholders of record on Tuesday, January 16th were issued a dividend of $0.3926 per share. The ex-dividend date was Friday, January 12th. This represents a $1.57 annualized dividend and a yield of 6.47%.

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