ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) Stock Short Interest Report for October

ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 38,171 shares, a growth of 1,976.8% from the October 15th total of 1,838 shares. Based on an average daily trading volume, of 66,241 shares, the short-interest ratio is presently 0.6 days. Currently, 0.9% of the company’s stock are sold short.

ALPS Electrification Infrastructure ETF Trading Down 0.9%

ELFY stock traded down $0.33 during trading on Tuesday, reaching $36.92. 11,268 shares of the stock were exchanged, compared to its average volume of 38,935. The firm’s 50 day moving average is $38.69 and its 200 day moving average is $41.03. ALPS Electrification Infrastructure ETF has a twelve month low of $34.31 and a twelve month high of $45.92. The firm has a market cap of $158.76 million, a P/E ratio of 22.21 and a beta of 1.04.

ALPS Electrification Infrastructure ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Thursday, September 17th were issued a dividend of $0.1104 per share. This is a positive change from ALPS Electrification Infrastructure ETF’s previous quarterly dividend of $0.1065. This represents a $0.44 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, September 17th.

Hedge Funds Weigh In On ALPS Electrification Infrastructure ETF

A number of institutional investors have recently modified their holdings of the company. Harbour Investments Inc. bought a new position in shares of ALPS Electrification Infrastructure ETF in the 3rd quarter worth $113,000. Royal Bank of Canada acquired a new stake in ALPS Electrification Infrastructure ETF in the 1st quarter valued at $118,000. Silver Oak Securities Incorporated bought a new stake in ALPS Electrification Infrastructure ETF during the 3rd quarter valued at $203,000. Sanctuary Advisors LLC bought a new stake in ALPS Electrification Infrastructure ETF during the 1st quarter valued at $206,000. Finally, Wellington Grp LLC acquired a new position in ALPS Electrification Infrastructure ETF during the second quarter worth $235,000.

ALPS Electrification Infrastructure ETF Company Profile

The ALPS Electrification Infrastructure ETF is an exchange-traded fund that seeks to provide investment results that correspond generally to the performance of the underlying index, which focuses on companies involved in the electrification infrastructure sector.