ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Sees Large Increase in Short Interest

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 6,400 shares, a growth of 30.6% from the February 28th total of 4,900 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 10,300 shares, the days-to-cover ratio is currently 0.6 days.

ALPS Level Four Large Cap Growth Active ETF Trading Up 0.7 %

Shares of NASDAQ:LGRO traded up $0.21 during trading on Wednesday, reaching $32.24. The stock had a trading volume of 4,336 shares, compared to its average volume of 10,258. The firm’s 50-day simple moving average is $34.55 and its 200 day simple moving average is $34.45. ALPS Level Four Large Cap Growth Active ETF has a one year low of $28.37 and a one year high of $37.01. The company has a market capitalization of $85.11 million, a P/E ratio of 26.28 and a beta of 1.29.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Thursday, March 20th were issued a $0.0198 dividend. The ex-dividend date of this dividend was Thursday, March 20th.

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.