ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) Stock Short Interest Rises 116.0%

ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 30,234 shares, a growth of 116.0% from the August 31st total of 13,999 shares. Approximately 2.4% of the company’s stock are short sold. Based on an average daily volume of 5,317 shares, the short-interest ratio is currently 5.7 days.

ALPS Emerging Sector Dividend Dogs ETF Stock Performance

Shares of EDOG stock traded down $0.08 on Tuesday, reaching $23.66. 560 shares of the company’s stock traded hands, compared to its average volume of 3,264. ALPS Emerging Sector Dividend Dogs ETF has a 12-month low of $22.62 and a 12-month high of $27.16. The company has a market capitalization of $29.57 million, a P/E ratio of 11.88 and a beta of 0.54. The business’s 50 day moving average price is $24.76 and its two-hundred day moving average price is $24.74.

Hedge Funds Weigh In On ALPS Emerging Sector Dividend Dogs ETF

An institutional investor recently bought a new position in ALPS Emerging Sector Dividend Dogs ETF stock. Anchor Investment Management LLC purchased a new position in ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,376 shares of the company’s stock, valued at approximately $80,000. Anchor Investment Management LLC owned approximately 0.28% of ALPS Emerging Sector Dividend Dogs ETF at the end of the most recent reporting period.

About ALPS Emerging Sector Dividend Dogs ETF

The ALPS Emerging Sector Dividend Dogs ETF (EDOG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index that selects five companies with the highest dividend yield in each of the ten GICS sectors excluding real estate. EDOG was launched on Mar 28, 2014 and is managed by ALPS.