ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Stock Short Interest Declines 70.1%

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 225 shares, a drop of 70.1% from the September 30th total of 753 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 4,283 shares, the short-interest ratio is presently 0.1 days.

ALPS Level Four Large Cap Growth Active ETF Trading Up 0.1%

Shares of LGRO opened at $47.33 on Wednesday. The stock’s 50-day moving average price is $47.07 and its two-hundred day moving average price is $42.90. ALPS Level Four Large Cap Growth Active ETF has a 12 month low of $35.71 and a 12 month high of $48.20. The company has a market capitalization of $145.78 million, a PE ratio of 27.33 and a beta of 1.23.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Thursday, September 17th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. This is a negative change from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.0411. The ex-dividend date was Thursday, September 17th.

ALPS Level Four Large Cap Growth Active ETF Company Profile

The Level Four Large Cap Growth Active ETF (LGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of US large cap stocks. Holdings are managed based on quantitative analysis and fundamental research, selecting those companies perceived to have favorable growth potential within their market sector. LGRO was launched on Aug 22, 2023 and is issued by SS&C.