Short Interest in ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Increases By 28.9%

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 549 shares, a growth of 28.9% from the February 12th total of 426 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 4,534 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 4,534 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

ALPS Disruptive Technologies ETF Stock Performance

DTEC opened at $44.88 on Tuesday. ALPS Disruptive Technologies ETF has a fifty-two week low of $37.11 and a fifty-two week high of $52.97. The firm has a 50-day moving average of $46.95 and a 200 day moving average of $49.01. The firm has a market cap of $74.95 million, a P/E ratio of 29.18 and a beta of 1.16.

Institutional Investors Weigh In On ALPS Disruptive Technologies ETF

Large investors have recently modified their holdings of the stock. Cetera Investment Advisers raised its holdings in shares of ALPS Disruptive Technologies ETF by 0.5% in the 2nd quarter. Cetera Investment Advisers now owns 121,746 shares of the company’s stock worth $6,006,000 after purchasing an additional 595 shares during the period. Jane Street Group LLC purchased a new stake in ALPS Disruptive Technologies ETF in the second quarter worth $492,000. Scott Marsh Financial LLC purchased a new stake in ALPS Disruptive Technologies ETF in the second quarter worth $509,000. Global Retirement Partners LLC bought a new stake in shares of ALPS Disruptive Technologies ETF in the third quarter valued at $51,000. Finally, GPS Wealth Strategies Group LLC raised its stake in shares of ALPS Disruptive Technologies ETF by 15.7% in the third quarter. GPS Wealth Strategies Group LLC now owns 5,322 shares of the company’s stock valued at $272,000 after buying an additional 722 shares during the period.

About ALPS Disruptive Technologies ETF

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.