Short Interest in ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Increases By 1,355.0%

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 3,914 shares, an increase of 1,355.0% from the March 15th total of 269 shares. Based on an average daily trading volume, of 5,845 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the shares of the company are short sold.

ALPS Level Four Large Cap Growth Active ETF Price Performance

Shares of NASDAQ:LGRO traded down $0.25 during trading on Friday, reaching $38.01. The company had a trading volume of 6,012 shares, compared to its average volume of 12,462. The firm has a market capitalization of $117.07 million, a price-to-earnings ratio of 27.33 and a beta of 1.26. The stock’s fifty day moving average price is $38.33 and its 200 day moving average price is $40.01. ALPS Level Four Large Cap Growth Active ETF has a fifty-two week low of $28.75 and a fifty-two week high of $42.59.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Thursday, March 19th were issued a $0.032 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.3%.

About ALPS Level Four Large Cap Growth Active ETF

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.