What’s Ahead for Jpmorgan Chase Capital Xvi JP Morgan Alerian Mlp E (NYSEARCA:AMJ) After Less Shorted Shares?

October 2, 2018 - By Louis Casey

The stock of Jpmorgan Chase Capital Xvi JP Morgan Alerian Mlp E (NYSEARCA:AMJ) registered a decrease of 12.95% in short interest. AMJ’s total short interest was 3.11M shares in October as published by FINRA. Its down 12.95% from 3.58 million shares, reported previously. With 1.41M shares average volume, it will take short sellers 2 days to cover their AMJ’s short positions.

The stock increased 2.15% or $0.59 during the last trading session, reaching $28.05. About 1.28M shares traded. JPMorgan Alerian MLP ETN (NYSEARCA:AMJ) has risen 0.53% since October 2, 2017 and is uptrending. It has underperformed by 15.09% the S&P500.

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