ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Update

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 6,520 shares, an increase of 66.9% from the August 31st total of 3,906 shares. Based on an average daily volume of 2,895 shares, the short-interest ratio is presently 2.3 days. Currently, 0.2% of the shares of the stock are short sold.

ALPS Level Four Large Cap Growth Active ETF Stock Up 0.9%

ALPS Level Four Large Cap Growth Active ETF stock traded up $0.41 during trading hours on Wednesday, hitting $47.09. The stock had a trading volume of 1,454 shares, compared to its average volume of 8,851. The business’s 50 day simple moving average is $46.44 and its 200-day simple moving average is $43.14. ALPS Level Four Large Cap Growth Active ETF has a one year low of $35.71 and a one year high of $48.18. The stock has a market cap of $145.51 million, a price-to-earnings ratio of 27.33 and a beta of 1.23.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Thursday, September 17th were paid a $0.03 dividend. This is a decrease from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.0411. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Thursday, September 17th.

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.