ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Short Interest Update

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,035 shares, an increase of 172.4% from the March 31st total of 380 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 8,473 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of ALPS Disruptive Technologies ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Torrey Payne Wealth Management LLC purchased a new stake in shares of ALPS Disruptive Technologies ETF in the fourth quarter valued at approximately $338,000. Cetera Investment Advisers increased its position in shares of ALPS Disruptive Technologies ETF by 2.9% in the fourth quarter. Cetera Investment Advisers now owns 127,549 shares of the company’s stock valued at $6,196,000 after buying an additional 3,574 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of ALPS Disruptive Technologies ETF by 19.8% in the fourth quarter. Wells Fargo & Company MN now owns 8,484 shares of the company’s stock valued at $412,000 after buying an additional 1,402 shares in the last quarter. Jane Street Group LLC increased its position in shares of ALPS Disruptive Technologies ETF by 36.3% in the fourth quarter. Jane Street Group LLC now owns 7,300 shares of the company’s stock valued at $355,000 after buying an additional 1,943 shares in the last quarter. Finally, Rossmore Private Capital increased its position in shares of ALPS Disruptive Technologies ETF by 38.9% in the fourth quarter. Rossmore Private Capital now owns 7,546 shares of the company’s stock valued at $367,000 after buying an additional 2,113 shares in the last quarter.

ALPS Disruptive Technologies ETF Stock Up 0.9%

Shares of DTEC opened at $45.77 on Friday. The business has a fifty day moving average of $44.82 and a 200 day moving average of $47.69. The company has a market cap of $68.66 million, a PE ratio of 29.18 and a beta of 1.16. ALPS Disruptive Technologies ETF has a 52-week low of $41.99 and a 52-week high of $52.97.

About ALPS Disruptive Technologies ETF

The ALPS Disruptive Technologies ETF (DTEC) is an exchange-traded fund that is based on the Indxx Disruptive Technologies index. The fund tracks an index of 100 global companies that are involved in disruptive technologies across 10 themes. DTEC was launched on Dec 29, 2017 and is managed by ALPS.