ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Up 30.6% in March

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 6,400 shares, an increase of 30.6% from the February 28th total of 4,900 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 10,300 shares, the days-to-cover ratio is presently 0.6 days.

ALPS Level Four Large Cap Growth Active ETF Price Performance

Shares of LGRO stock traded up $0.21 during mid-day trading on Wednesday, hitting $32.24. The stock had a trading volume of 4,336 shares, compared to its average volume of 10,258. The firm has a market capitalization of $85.11 million, a P/E ratio of 26.28 and a beta of 1.29. ALPS Level Four Large Cap Growth Active ETF has a 12-month low of $28.37 and a 12-month high of $37.01. The firm’s 50-day moving average is $34.55 and its two-hundred day moving average is $34.45.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Thursday, March 20th were issued a dividend of $0.0198 per share. The ex-dividend date of this dividend was Thursday, March 20th.

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.