Short Interest in ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Grows By 733.3%

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 5,000 shares, an increase of 733.3% from the June 15th total of 600 shares. Based on an average trading volume of 3,300 shares, the days-to-cover ratio is currently 1.5 days.

ALPS Level Four Large Cap Growth Active ETF Stock Performance

Shares of NASDAQ LGRO traded down $0.22 during midday trading on Friday, reaching $31.73. 11,707 shares of the company traded hands, compared to its average volume of 5,702. The firm has a market cap of $84.08 million, a PE ratio of 28.44 and a beta of 1.29. The stock’s 50-day simple moving average is $30.66 and its 200-day simple moving average is $29.67. ALPS Level Four Large Cap Growth Active ETF has a 12 month low of $22.99 and a 12 month high of $31.95.

ALPS Level Four Large Cap Growth Active ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Investors of record on Thursday, June 20th were issued a $0.0307 dividend. The ex-dividend date was Thursday, June 20th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.39%.

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.