Short Interest in ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Rises By 110.0%

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 8,611 shares, a growth of 110.0% from the July 30th total of 4,100 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 10,940 shares, the short-interest ratio is presently 0.8 days.

ALPS Level Four Large Cap Growth Active ETF Price Performance

ALPS Level Four Large Cap Growth Active ETF stock opened at $47.58 on Friday. The stock has a market cap of $145.59 million, a price-to-earnings ratio of 27.33 and a beta of 1.22. ALPS Level Four Large Cap Growth Active ETF has a 1 year low of $35.71 and a 1 year high of $48.18. The firm has a 50-day moving average of $45.07 and a two-hundred day moving average of $41.90.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Thursday, June 18th were paid a dividend of $0.0411 per share. This is a boost from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.03. This represents a $0.16 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Thursday, June 18th.

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.