ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Shares Shorted: Short Interest Down 95.3% in October

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 798 shares, a decrease of 95.3% from the September 30th total of 16,932 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 12,367 shares, the short-interest ratio is currently 0.1 days.

ALPS Disruptive Technologies ETF Trading Up 0.0%

NYSEARCA DTEC traded up $0.02 during mid-day trading on Monday, reaching $52.24. 901 shares of the company’s stock traded hands, compared to its average volume of 5,827. ALPS Disruptive Technologies ETF has a 1-year low of $41.99 and a 1-year high of $53.89. The company has a fifty day simple moving average of $51.75 and a 200-day simple moving average of $48.36. The company has a market cap of $74.18 million, a price-to-earnings ratio of 29.18 and a beta of 1.15.

Hedge Funds Weigh In On ALPS Disruptive Technologies ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC bought a new stake in shares of ALPS Disruptive Technologies ETF in the second quarter worth $210,000. Anson Capital Inc. acquired a new stake in ALPS Disruptive Technologies ETF in the second quarter valued at $212,000. Western Wealth Management LLC raised its holdings in ALPS Disruptive Technologies ETF by 7.0% in the first quarter. Western Wealth Management LLC now owns 5,735 shares of the company’s stock valued at $248,000 after acquiring an additional 377 shares in the last quarter. Finally, Avior Wealth Management LLC bought a new position in ALPS Disruptive Technologies ETF during the 3rd quarter valued at $4,859,000.

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.