ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) Sees Large Growth in Short Interest

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 31,658 shares, an increase of 706.6% from the September 15th total of 3,925 shares. Based on an average trading volume of 51,925 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On ALPS O’Shares U.S. Small-Cap Quality Dividend ETF

Hedge funds have recently made changes to their positions in the stock. Ascentis Independent Advisors acquired a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the 1st quarter worth approximately $1,164,000. CoreCap Advisors LLC lifted its stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 1,335.9% in the 3rd quarter. CoreCap Advisors LLC now owns 919 shares of the company’s stock valued at $42,000 after purchasing an additional 855 shares during the last quarter. Bank of New York Mellon Corp boosted its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 0.9% in the first quarter. Bank of New York Mellon Corp now owns 37,615 shares of the company’s stock valued at $1,645,000 after buying an additional 335 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% in the first quarter. Janney Montgomery Scott LLC now owns 27,323 shares of the company’s stock valued at $1,195,000 after buying an additional 702 shares in the last quarter.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Stock Up 0.1%

OUSM stock opened at $46.72 on Friday. ALPS O’Shares U.S. Small-Cap Quality Dividend ETF has a 12 month low of $42.08 and a 12 month high of $50.36. The firm has a market cap of $789.57 million, a P/E ratio of 15.13 and a beta of 0.91. The company’s 50-day moving average price is $48.40 and its two-hundred day moving average price is $47.18.

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

The ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Shares (OUSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks weighted for exposure to quality, low volatility, high dividend yield, and dividend quality factors. OUSM was launched on Dec 30, 2016 and is managed by ALPS.