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

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 1,041 shares, a drop of 85.0% from the January 15th total of 6,924 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 28,044 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 28,044 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

ALPS Level Four Large Cap Growth Active ETF Price Performance

ALPS Level Four Large Cap Growth Active ETF stock traded down $0.67 during mid-day trading on Thursday, reaching $38.42. 2,219 shares of the company traded hands, compared to its average volume of 17,273. The firm’s fifty day moving average is $41.05 and its two-hundred day moving average is $40.15. The company has a market capitalization of $116.41 million, a price-to-earnings ratio of 27.33 and a beta of 1.26. ALPS Level Four Large Cap Growth Active ETF has a fifty-two week low of $27.51 and a fifty-two week high of $42.59.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Thursday, December 18th were paid a $0.0481 dividend. This is a positive change from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Thursday, December 18th. This represents a $0.19 dividend on an annualized basis and a yield of 0.5%.

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. LGRO was launched on Aug 22, 2023 and is issued by SS&C.