ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) Stock Short Interest Report for October

ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 1,838 shares, a decline of 47.1% from the September 30th total of 3,473 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 28,551 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of ALPS Electrification Infrastructure ETF

Institutional investors have recently modified their holdings of the business. Royal Bank of Canada bought a new stake in shares of ALPS Electrification Infrastructure ETF in the 1st quarter valued at $118,000. Sanctuary Advisors LLC bought a new stake in ALPS Electrification Infrastructure ETF in the first quarter valued at approximately $206,000. Wellington Grp LLC purchased a new stake in ALPS Electrification Infrastructure ETF in the second quarter worth about $235,000. NewEdge Advisors LLC purchased a new stake in shares of ALPS Electrification Infrastructure ETF in the 1st quarter worth approximately $236,000. Finally, Noble Wealth Management PBC boosted its stake in ALPS Electrification Infrastructure ETF by 11.3% during the 3rd quarter. Noble Wealth Management PBC now owns 7,781 shares of the company’s stock valued at $300,000 after purchasing an additional 791 shares during the last quarter.

ALPS Electrification Infrastructure ETF Trading Down 2.1%

Shares of NASDAQ ELFY traded down $0.82 during mid-day trading on Friday, hitting $37.73. The company had a trading volume of 108,837 shares, compared to its average volume of 39,612. The company has a market capitalization of $166.39 million, a PE ratio of 21.95 and a beta of 1.03. The firm has a 50-day simple moving average of $39.27 and a two-hundred day simple moving average of $41.05. ALPS Electrification Infrastructure ETF has a one year low of $34.31 and a one year high of $45.92.

ALPS Electrification Infrastructure ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Thursday, September 17th were paid a dividend of $0.1104 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.2%. This is an increase from ALPS Electrification Infrastructure ETF’s previous quarterly dividend of $0.1065. The ex-dividend date was Thursday, September 17th.

About ALPS Electrification Infrastructure ETF

The ALPS Electrification Infrastructure ETF is an exchange-traded fund that seeks to provide investment results that correspond generally to the performance of the underlying index, which focuses on companies involved in the electrification infrastructure sector.