ALPS International Sector Dividend Dogs ETF (NYSEARCA:IDOG) Sees Significant Increase in Short Interest

ALPS International Sector Dividend Dogs ETF (NYSEARCA:IDOG) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 181,611 shares, a growth of 637.3% from the September 15th total of 24,633 shares. Approximately 1.4% of the company’s stock are short sold. Based on an average trading volume of 37,595 shares, the days-to-cover ratio is currently 4.8 days.

ALPS International Sector Dividend Dogs ETF Trading Up 0.9%

Shares of NYSEARCA IDOG traded up $0.38 during midday trading on Friday, reaching $42.06. The company’s stock had a trading volume of 52,767 shares, compared to its average volume of 35,904. ALPS International Sector Dividend Dogs ETF has a fifty-two week low of $35.13 and a fifty-two week high of $45.06. The stock has a market capitalization of $554.35 million, a price-to-earnings ratio of 11.22 and a beta of 0.59. The stock has a 50 day simple moving average of $43.70 and a 200-day simple moving average of $42.98.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new stake in ALPS International Sector Dividend Dogs ETF during the 3rd quarter worth about $208,000. Cahill Financial Advisors Inc. raised its holdings in ALPS International Sector Dividend Dogs ETF by 1.2% during the second quarter. Cahill Financial Advisors Inc. now owns 65,597 shares of the company’s stock worth $2,701,000 after acquiring an additional 770 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in ALPS International Sector Dividend Dogs ETF by 16.5% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,822 shares of the company’s stock worth $75,000 after acquiring an additional 258 shares in the last quarter.

About ALPS International Sector Dividend Dogs ETF

The ALPS International Sector Dividend Dogs ETF (IDOG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index that selects the five companies with the highest dividend yield in each of the 10 GICS sectors from international developed markets. IDOG was launched on Jun 27, 2013 and is managed by ALPS.