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

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 318 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 3,300 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

ALPS Disruptive Technologies ETF Stock Performance

NYSEARCA:DTEC opened at $48.76 on Friday. The stock has a market cap of $70.70 million, a price-to-earnings ratio of 29.18 and a beta of 1.14. ALPS Disruptive Technologies ETF has a one year low of $41.99 and a one year high of $52.97. The business’s 50-day simple moving average is $48.20 and its 200 day simple moving average is $46.88.

Hedge Funds Weigh In On ALPS Disruptive Technologies ETF

Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC purchased a new position in shares of ALPS Disruptive Technologies ETF during the 2nd quarter valued at approximately $492,000. Scott Marsh Financial LLC bought a new stake in shares of ALPS Disruptive Technologies ETF in the second quarter worth $509,000. JPMorgan Chase & Co. acquired a new stake in ALPS Disruptive Technologies ETF in the third quarter valued at $110,000. Creative Planning acquired a new stake in ALPS Disruptive Technologies ETF in the third quarter valued at $227,000. Finally, Bank of America Corp DE raised its holdings in ALPS Disruptive Technologies ETF by 10.3% in the third quarter. Bank of America Corp DE now owns 56,644 shares of the company’s stock valued at $2,897,000 after acquiring an additional 5,273 shares in the last quarter.

ALPS Disruptive Technologies ETF Company Profile

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.