ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) Shares Shorted: Short Interest Up 706.6% in September

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 31,658 shares, a growth of 706.6% from the September 15th total of 3,925 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 51,925 shares, the days-to-cover ratio is currently 0.6 days.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Stock Performance

NYSEARCA OUSM opened at $46.72 on Friday. The stock has a market cap of $789.57 million, a PE ratio of 15.13 and a beta of 0.91. The firm has a 50-day moving average of $48.40 and a 200-day moving average of $47.18. ALPS O’Shares U.S. Small-Cap Quality Dividend ETF has a 52-week low of $42.08 and a 52-week high of $50.36.

Institutional Investors Weigh In On ALPS O’Shares U.S. Small-Cap Quality Dividend ETF

Several hedge funds have recently bought and sold shares of OUSM. Bank of New York Mellon Corp grew its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 0.9% in the first quarter. Bank of New York Mellon Corp now owns 37,615 shares of the company’s stock valued at $1,645,000 after purchasing an additional 335 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 27,323 shares of the company’s stock valued at $1,195,000 after buying an additional 702 shares in the last quarter. Ascentis Independent Advisors bought a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the first quarter worth about $1,164,000. Finally, CoreCap Advisors LLC increased its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 1,335.9% during the third quarter. CoreCap Advisors LLC now owns 919 shares of the company’s stock worth $42,000 after acquiring an additional 855 shares during the period.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Company Profile

The ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Shares (OUSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks weighted for exposure to quality, low volatility, high dividend yield, and dividend quality factors. OUSM was launched on Dec 30, 2016 and is managed by ALPS.