ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Down 90.9% in October

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a large drop in short interest in October. As of October 15th, there was short interest totalling 100 shares, a drop of 90.9% from the September 30th total of 1,100 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 0.0 days.

ALPS Level Four Large Cap Growth Active ETF Price Performance

Shares of LGRO stock remained flat at $33.32 on Friday. 6,013 shares of the company traded hands, compared to its average volume of 4,801. The firm has a market cap of $87.30 million, a PE ratio of 28.44 and a beta of 1.29. ALPS Level Four Large Cap Growth Active ETF has a 1-year low of $22.99 and a 1-year high of $34.23. The firm’s fifty day moving average price is $32.30 and its two-hundred day moving average price is $31.06.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Thursday, September 19th were given a $0.0314 dividend. The ex-dividend date was Thursday, September 19th. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.38%. This is a boost from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.03.

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.