ALPS REIT Dividend Dogs ETF (NYSEARCA:RDOG) Sees Significant Decline in Short Interest

ALPS REIT Dividend Dogs ETF (NYSEARCA:RDOG) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 140 shares, a decline of 84.8% from the April 30th total of 920 shares. Based on an average daily volume of 940 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of ALPS REIT Dividend Dogs ETF

A hedge fund recently bought a new stake in ALPS REIT Dividend Dogs ETF stock. Raymond James Financial Inc. acquired a new position in ALPS REIT Dividend Dogs ETF (NYSEARCA:RDOG) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,277 shares of the company’s stock, valued at approximately $81,000. Raymond James Financial Inc. owned 0.60% of ALPS REIT Dividend Dogs ETF as of its most recent SEC filing. Institutional investors and hedge funds own 8.83% of the company’s stock.

ALPS REIT Dividend Dogs ETF Stock Down 0.8%

NYSEARCA:RDOG traded down $0.32 during mid-day trading on Friday, hitting $40.63. 484 shares of the company traded hands, compared to its average volume of 1,456. The stock’s fifty day moving average price is $38.27 and its 200-day moving average price is $37.47. ALPS REIT Dividend Dogs ETF has a one year low of $34.76 and a one year high of $41.14. The firm has a market cap of $11.38 million, a price-to-earnings ratio of 24.17 and a beta of 0.99.

About ALPS REIT Dividend Dogs ETF

COHEN & STEERS is a manager of income-oriented equity portfolios specializing in U.S. and international real estate securities, large cap value stocks, utilities and listed infrastructure securities, and preferred securities. The company also offers private alternative investment strategies, such as hedged real estate securities portfolios and real estate funds of funds. Headquartered in New York City, with offices in Brussels, Hong Kong, London and Seattle, Cohen & Steers serves individual and institutional investors through a broad range of investment vehicles.