Short Interest in ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Grows By 157.7%

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 42,394 shares, an increase of 157.7% from the July 15th total of 16,454 shares. Based on an average daily trading volume, of 37,203 shares, the short-interest ratio is currently 1.1 days. Approximately 0.2% of the company’s shares are short sold.

ALPS Sector Dividend Dogs ETF Stock Up 0.9%

NYSEARCA:SDOG opened at $73.58 on Friday. The firm’s 50 day moving average is $70.30 and its two-hundred day moving average is $67.52. ALPS Sector Dividend Dogs ETF has a fifty-two week low of $57.70 and a fifty-two week high of $73.80. The company has a market cap of $1.45 billion, a P/E ratio of 15.06 and a beta of 0.70.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

Large investors have recently added to or reduced their stakes in the company. Compass Financial Management LLC acquired a new position in shares of ALPS Sector Dividend Dogs ETF in the second quarter worth about $28,000. Wealthcare Advisory Partners LLC raised its stake in ALPS Sector Dividend Dogs ETF by 5.1% during the second quarter. Wealthcare Advisory Partners LLC now owns 5,308 shares of the company’s stock worth $362,000 after acquiring an additional 257 shares during the period. Allied Private Wealth LLC acquired a new position in ALPS Sector Dividend Dogs ETF during the 2nd quarter valued at approximately $414,000. Western Wealth Management LLC bought a new position in ALPS Sector Dividend Dogs ETF in the 1st quarter worth about $152,000. Finally, NewEdge Advisors LLC increased its position in ALPS Sector Dividend Dogs ETF by 3.8% in the 1st quarter. NewEdge Advisors LLC now owns 22,113 shares of the company’s stock valued at $1,438,000 after acquiring an additional 809 shares during the period.

ALPS Sector Dividend Dogs ETF Company Profile

The ALPS Sector Dividend Dogs ETF (SDOG) is an exchange-traded fund that is based on the S-Network Sector Dividend Dogs index. The fund tracks an equal-weighted index of the five highest-yielding S&P 500 securities in each sector. SDOG was launched on Jun 29, 2012 and is managed by ALPS.