ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Down 96.7% in May

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 281 shares, a drop of 96.7% from the May 14th total of 8,488 shares. Based on an average daily trading volume, of 2,671 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

ALPS Level Four Large Cap Growth Active ETF Price Performance

LGRO stock traded up $0.64 on Thursday, reaching $42.89. 1,604 shares of the company traded hands, compared to its average volume of 10,114. ALPS Level Four Large Cap Growth Active ETF has a one year low of $34.93 and a one year high of $45.26. The firm has a fifty day simple moving average of $41.12 and a 200-day simple moving average of $40.38. The company has a market cap of $131.24 million, a P/E ratio of 27.33 and a beta of 1.24.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders 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 annualized dividend and a 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.