ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Shares Shorted: Short Interest Down 88.5% in September

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 753 shares, a drop of 88.5% from the September 15th total of 6,520 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 10,272 shares, the short-interest ratio is currently 0.1 days.

ALPS Level Four Large Cap Growth Active ETF Price Performance

Shares of NASDAQ LGRO traded up $0.59 during midday trading on Friday, reaching $48.06. The company’s stock had a trading volume of 1,593 shares, compared to its average volume of 8,650. The stock has a market capitalization of $148.51 million, a P/E ratio of 27.33 and a beta of 1.23. The firm has a 50 day moving average price of $47.00 and a 200-day moving average price of $43.63. ALPS Level Four Large Cap Growth Active ETF has a 12-month low of $35.71 and a 12-month high of $48.18.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Thursday, September 17th were paid a $0.03 dividend. This is a drop from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.0411. The ex-dividend date was Thursday, September 17th. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%.

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.