Alerian MLP (NYSEARCA:AMLP) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 46,147,924 shares, a growth of 24.7% from the January 31st total of 36,998,314 shares. Based on an average daily trading volume, of 16,681,433 shares, the days-to-cover ratio is presently 2.8 days.
Alerian MLP (NYSEARCA AMLP) opened at $10.44 on Tuesday. Alerian MLP has a twelve month low of $9.79 and a twelve month high of $12.89. The company has a market capitalization of $9,360.00 and a PE ratio of 5.07.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Friday, February 9th were paid a dividend of $0.2066 per share. This represents a $0.83 dividend on an annualized basis and a yield of 7.92%. The ex-dividend date was Thursday, February 8th. This is a positive change from Alerian MLP’s previous quarterly dividend of $0.21. Alerian MLP’s dividend payout ratio (DPR) is 40.78%.
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About Alerian MLP
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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