ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Sees Large Decline in Short Interest

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

ALPS Level Four Large Cap Growth Active ETF Stock Performance

Shares of NASDAQ LGRO traded down $0.22 during trading hours on Tuesday, hitting $42.75. The stock had a trading volume of 341 shares, compared to its average volume of 10,247. The firm’s 50-day moving average price is $40.99 and its two-hundred day moving average price is $40.36. ALPS Level Four Large Cap Growth Active ETF has a 52 week low of $34.93 and a 52 week high of $45.26. The company has a market capitalization of $130.82 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 business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Thursday, March 19th were issued a $0.032 dividend. This represents a $0.13 annualized dividend and a yield of 0.3%. The ex-dividend date was Thursday, March 19th.

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.