Short Interest in ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Rises By 2,631.0%

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 7,674 shares, a growth of 2,631.0% from the May 31st total of 281 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 7,936 shares, the days-to-cover ratio is currently 1.0 days.

ALPS Level Four Large Cap Growth Active ETF Stock Performance

ALPS Level Four Large Cap Growth Active ETF stock opened at $42.09 on Friday. The stock has a market capitalization of $128.80 million, a price-to-earnings ratio of 27.33 and a beta of 1.24. The stock has a 50 day moving average of $42.21 and a two-hundred day moving average of $40.55. ALPS Level Four Large Cap Growth Active ETF has a twelve month low of $35.71 and a twelve month high of $45.26.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Thursday, June 18th were paid a $0.0411 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.4%. This is a positive change from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Thursday, June 18th.

ALPS Level Four Large Cap Growth Active ETF Company Profile

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.