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

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 2,500 shares, a decline of 51.9% from the January 31st total of 5,200 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is presently 0.3 days.

ALPS Level Four Large Cap Growth Active ETF Trading Up 1.9 %

Shares of LGRO stock traded up $0.66 during mid-day trading on Friday, reaching $34.61. The stock had a trading volume of 1,459 shares, compared to its average volume of 8,409. ALPS Level Four Large Cap Growth Active ETF has a 1-year low of $28.37 and a 1-year high of $37.01. The firm has a market cap of $91.37 million, a price-to-earnings ratio of 28.44 and a beta of 1.29. The business’s fifty day moving average is $35.69 and its 200-day moving average is $34.24.

ALPS Level Four Large Cap Growth Active ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 26th. Stockholders of record on Thursday, December 19th were paid a $0.0308 dividend. The ex-dividend date was Thursday, December 19th.

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.