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 large increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,200 shares, an increase of 300.0% from the August 31st total of 300 shares. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is currently 0.2 days.

ALPS Level Four Large Cap Growth Active ETF Stock Performance

LGRO stock opened at $40.58 on Friday. The stock’s 50 day simple moving average is $38.83 and its 200 day simple moving average is $35.69. ALPS Level Four Large Cap Growth Active ETF has a fifty-two week low of $27.51 and a fifty-two week high of $40.88. The company has a market cap of $118.09 million, a P/E ratio of 27.33 and a beta of 1.29.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Thursday, September 18th were paid a dividend of $0.0359 per share. This is an increase from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Thursday, September 18th. This represents a $0.14 dividend on an annualized basis and a yield of 0.4%.

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.