ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Shares Shorted: Short Interest Down 70.1% in October

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 225 shares, a decline of 70.1% from the September 30th total of 753 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 4,283 shares, the short-interest ratio is currently 0.1 days.

ALPS Level Four Large Cap Growth Active ETF Price Performance

NASDAQ:LGRO traded down $1.18 on Friday, reaching $45.58. 3,656 shares of the company’s stock were exchanged, compared to its average volume of 8,502. The stock has a fifty day simple moving average of $47.07 and a 200-day simple moving average of $42.95. ALPS Level Four Large Cap Growth Active ETF has a 52 week low of $35.71 and a 52 week high of $48.20. The firm has a market cap of $140.39 million, a price-to-earnings ratio of 27.33 and a beta of 1.23.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Thursday, September 17th were paid a $0.03 dividend. This is a drop from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.0411. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%.

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. LGRO was launched on Aug 22, 2023 and is issued by SS&C.