ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Update

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 1,200 shares, a growth of 50.0% from the August 31st total of 800 shares. Based on an average trading volume of 3,800 shares, the days-to-cover ratio is presently 0.3 days.

ALPS Level Four Large Cap Growth Active ETF Stock Down 0.6 %

Shares of LGRO traded down $0.19 during midday trading on Friday, hitting $32.85. The company’s stock had a trading volume of 747 shares, compared to its average volume of 5,157. ALPS Level Four Large Cap Growth Active ETF has a one year low of $22.99 and a one year high of $34.23. The stock has a market capitalization of $88.04 million, a price-to-earnings ratio of 28.44 and a beta of 1.29. The company’s fifty day simple moving average is $31.18 and its two-hundred day simple moving average is $30.60.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Thursday, September 19th were given a $0.0314 dividend. This represents a $0.13 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date of this dividend was Thursday, September 19th. This is a boost from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.03.

ALPS Level Four Large Cap Growth Active ETF Company Profile

The Level Four Large Cap Growth Active ETF (LGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of US large cap stocks. Holdings are managed based on quantitative analysis and fundamental research, selecting those companies perceived to have favorable growth potential within their market sector.