ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA) Stock Short Interest Report for October

ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA) saw a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 1,363 shares, a drop of 88.4% from the October 15th total of 11,786 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 19,629 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in OUSA. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the 3rd quarter valued at $578,000. Wedbush Securities Inc. bought a new position in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter worth about $539,000. Kingswood Wealth Advisors LLC bought a new position in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter worth about $295,000. Harbour Investments Inc. purchased a new position in ALPS O’Shares U.S. Quality Dividend ETF during the 3rd quarter valued at about $247,000. Finally, Allied Private Wealth LLC purchased a new position in shares of ALPS O’Shares U.S. Quality Dividend ETF during the second quarter valued at approximately $120,000.

ALPS O’Shares U.S. Quality Dividend ETF Price Performance

NYSEARCA:OUSA traded up $0.19 during trading hours on Wednesday, hitting $64.63. The company had a trading volume of 12,788 shares, compared to its average volume of 25,833. The stock has a 50-day moving average price of $61.56 and a 200 day moving average price of $59.44. The company has a market capitalization of $752.94 million, a PE ratio of 22.27 and a beta of 0.72. ALPS O’Shares U.S. Quality Dividend ETF has a 52 week low of $54.59 and a 52 week high of $65.68.

ALPS O’Shares U.S. Quality Dividend ETF Company Profile

The ALPS O’Shares U.S. Quality Dividend ETF Shares (OUSA) is an exchange-traded fund that is based on the O’Shares US Quality Dividend index. The fund selects and weights large-cap US stocks based on four factors: high quality, low volatility, high dividend yield, and dividend quality. OUSA was launched on Jul 14, 2015 and is managed by ALPS.