NEOS MLP & Energy Infrastructure High Income ETF (BATS:MLPI) Sees Significant Increase in Short Interest
by Sarita Garza · The Markets DailyNEOS MLP & Energy Infrastructure High Income ETF (BATS:MLPI – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 66,231 shares, an increase of 221.3% from the August 15th total of 20,611 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 370,091 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Investors Weigh In On NEOS MLP & Energy Infrastructure High Income ETF
An institutional investor recently bought a new stake in NEOS MLP & Energy Infrastructure High Income ETF stock. Worth Asset Management LLC bought a new position in shares of NEOS MLP & Energy Infrastructure High Income ETF (BATS:MLPI – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,955 shares of the company’s stock, valued at approximately $218,000.
NEOS MLP & Energy Infrastructure High Income ETF Stock Performance
BATS:MLPI opened at $53.99 on Friday. NEOS MLP & Energy Infrastructure High Income ETF has a 12-month low of $49.15 and a 12-month high of $58.47. The stock’s 50 day moving average price is $54.77 and its two-hundred day moving average price is $55.50.
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