ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Short Interest Down 87.7% in May

ALPS Disruptive Technologies ETF (NYSEARCA:DTECGet Free Report) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 66 shares, a drop of 87.7% from the May 14th total of 535 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,609 shares, the short-interest ratio is currently 0.0 days.

ALPS Disruptive Technologies ETF Stock Performance

Shares of NYSEARCA:DTEC traded down $0.49 during trading hours on Tuesday, hitting $47.91. 73,540 shares of the company’s stock traded hands, compared to its average volume of 6,317. ALPS Disruptive Technologies ETF has a 52 week low of $41.99 and a 52 week high of $52.97. The company’s fifty day simple moving average is $46.40 and its two-hundred day simple moving average is $47.07. The company has a market cap of $71.87 million, a price-to-earnings ratio of 29.18 and a beta of 1.14.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lodestone Wealth Management LLC acquired a new stake in shares of ALPS Disruptive Technologies ETF in the fourth quarter worth $25,000. JPMorgan Chase & Co. bought a new stake in ALPS Disruptive Technologies ETF in the 3rd quarter valued at $110,000. Lido Advisors LLC bought a new stake in ALPS Disruptive Technologies ETF in the 3rd quarter valued at $205,000. Creative Planning bought a new stake in ALPS Disruptive Technologies ETF in the 3rd quarter valued at $227,000. Finally, Western Wealth Management LLC bought a new stake in shares of ALPS Disruptive Technologies ETF in the 4th quarter worth about $260,000.

ALPS Disruptive Technologies ETF Company Profile

(Get Free Report)

The ALPS Disruptive Technologies ETF (DTEC) is an exchange-traded fund that is based on the Indxx Disruptive Technologies index. The fund tracks an index of 100 global companies that are involved in disruptive technologies across 10 themes. DTEC was launched on Dec 29, 2017 and is managed by ALPS.

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