ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Sees Large Increase in Short Interest

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 318 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of ALPS Disruptive Technologies ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cetera Investment Advisers increased its holdings in ALPS Disruptive Technologies ETF by 2.9% in the 4th quarter. Cetera Investment Advisers now owns 127,549 shares of the company’s stock worth $6,196,000 after acquiring an additional 3,574 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in ALPS Disruptive Technologies ETF by 28,696.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 69,400 shares of the company’s stock worth $3,372,000 after purchasing an additional 69,159 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of ALPS Disruptive Technologies ETF by 10.3% in the 3rd quarter. Bank of America Corp DE now owns 56,644 shares of the company’s stock worth $2,897,000 after buying an additional 5,273 shares during the last quarter. Scott Marsh Financial LLC purchased a new stake in ALPS Disruptive Technologies ETF during the second quarter valued at approximately $509,000. Finally, Jane Street Group LLC purchased a new stake in ALPS Disruptive Technologies ETF during the 2nd quarter valued at $492,000.

ALPS Disruptive Technologies ETF Stock Performance

ALPS Disruptive Technologies ETF stock opened at $49.00 on Thursday. The stock has a fifty day moving average of $48.13 and a 200 day moving average of $46.87. The stock has a market cap of $71.05 million, a PE ratio of 29.18 and a beta of 1.14. ALPS Disruptive Technologies ETF has a one year low of $41.99 and a one year high of $52.97.

ALPS Disruptive Technologies ETF Company Profile

The ALPS Disruptive Technologies ETF (DTEC) is an exchange-traded fund that is based on the Indxx Disruptive Technologies index. The fund tracks an index of 100 global companies that are involved in disruptive technologies across 10 themes. DTEC was launched on Dec 29, 2017 and is managed by ALPS.