ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Up 129.8% in December

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 30,606 shares, an increase of 129.8% from the December 15th total of 13,317 shares. Based on an average trading volume of 30,563 shares, the short-interest ratio is currently 1.0 days. Approximately 1.0% of the company’s stock are sold short. Approximately 1.0% of the company’s stock are sold short. Based on an average trading volume of 30,563 shares, the short-interest ratio is currently 1.0 days.

ALPS Level Four Large Cap Growth Active ETF Price Performance

NASDAQ:LGRO traded down $0.35 during mid-day trading on Wednesday, hitting $41.92. 53,753 shares of the company’s stock were exchanged, compared to its average volume of 15,982. The company has a market cap of $133.31 million, a PE ratio of 27.33 and a beta of 1.26. ALPS Level Four Large Cap Growth Active ETF has a one year low of $27.51 and a one year high of $42.59. The business has a fifty day moving average price of $40.85 and a 200 day moving average price of $39.66.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Thursday, December 18th were paid a $0.0481 dividend. This represents a $0.19 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, December 18th. This is an increase from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.04.

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. LGRO was launched on Aug 22, 2023 and is issued by SS&C.