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

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 3,000 shares, a decrease of 84.5% from the December 31st total of 19,300 shares. Based on an average daily volume of 3,600 shares, the short-interest ratio is currently 0.8 days.

ALPS Level Four Large Cap Growth Active ETF Price Performance

LGRO traded up $0.51 during midday trading on Tuesday, reaching $36.66. 7,323 shares of the company’s stock traded hands, compared to its average volume of 9,654. ALPS Level Four Large Cap Growth Active ETF has a 52 week low of $28.37 and a 52 week high of $36.82. The firm has a fifty day moving average of $35.56 and a two-hundred day moving average of $33.39. The stock has a market capitalization of $97.15 million, a price-to-earnings ratio of 28.44 and a beta of 1.29.

ALPS Level Four Large Cap Growth Active ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Thursday, December 19th were given a dividend of $0.0308 per share. The ex-dividend date of this dividend was Thursday, December 19th.

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.