ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Stock Short Interest Jumps 118.5%

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 32,591 shares, a growth of 118.5% from the September 15th total of 14,914 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 27,958 shares, the short-interest ratio is currently 1.2 days.

ALPS Sector Dividend Dogs ETF Stock Up 0.5%

Shares of SDOG opened at $69.49 on Tuesday. ALPS Sector Dividend Dogs ETF has a 52-week low of $57.70 and a 52-week high of $74.73. The stock has a market cap of $1.37 billion, a PE ratio of 15.06 and a beta of 0.71. The firm’s fifty day moving average is $71.65 and its two-hundred day moving average is $69.23.

Hedge Funds Weigh In On ALPS Sector Dividend Dogs ETF

Several hedge funds and other institutional investors have recently modified their holdings of SDOG. Del Sette Capital Management LLC grew its stake in ALPS Sector Dividend Dogs ETF by 401.3% during the 1st quarter. Del Sette Capital Management LLC now owns 281,064 shares of the company’s stock valued at $18,279,000 after acquiring an additional 224,994 shares in the last quarter. Royal Bank of Canada raised its holdings in ALPS Sector Dividend Dogs ETF by 1.1% in the 1st quarter. Royal Bank of Canada now owns 155,649 shares of the company’s stock valued at $10,122,000 after acquiring an additional 1,659 shares during the last quarter. Sterling Investment Advisors Ltd. acquired a new stake in ALPS Sector Dividend Dogs ETF in the 2nd quarter valued at about $8,818,000. Janney Montgomery Scott LLC lifted its stake in ALPS Sector Dividend Dogs ETF by 1.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 99,323 shares of the company’s stock worth $6,460,000 after purchasing an additional 1,814 shares in the last quarter. Finally, Capital Investment Counsel LLC lifted its stake in ALPS Sector Dividend Dogs ETF by 3.4% in the 1st quarter. Capital Investment Counsel LLC now owns 92,838 shares of the company’s stock worth $6,038,000 after purchasing an additional 3,090 shares in the last quarter.

About ALPS Sector Dividend Dogs ETF

The ALPS Sector Dividend Dogs ETF (SDOG) is an exchange-traded fund that is based on the S-Network Sector Dividend Dogs index. The fund tracks an equal-weighted index of the five highest-yielding S&P 500 securities in each sector. SDOG was launched on Jun 29, 2012 and is managed by ALPS.