ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Short Interest Down 25.1% in December

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 568 shares, a decline of 25.1% from the December 15th total of 758 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,207 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 2,207 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On ALPS Disruptive Technologies ETF

A number of hedge funds have recently bought and sold shares of the business. Lodestone Wealth Management LLC bought a new stake in shares of ALPS Disruptive Technologies ETF in the 4th quarter worth about $25,000. Global Retirement Partners LLC bought a new stake in ALPS Disruptive Technologies ETF during the third quarter worth approximately $51,000. Ameritas Advisory Services LLC purchased a new stake in ALPS Disruptive Technologies ETF during the second quarter valued at approximately $66,000. JPMorgan Chase & Co. purchased a new stake in ALPS Disruptive Technologies ETF during the third quarter valued at approximately $110,000. Finally, Lido Advisors LLC bought a new stake in shares of ALPS Disruptive Technologies ETF in the 3rd quarter valued at approximately $205,000.

ALPS Disruptive Technologies ETF Stock Down 0.3%

NYSEARCA DTEC traded down $0.14 during trading on Friday, hitting $49.23. 5,120 shares of the stock traded hands, compared to its average volume of 2,711. ALPS Disruptive Technologies ETF has a 12-month low of $37.11 and a 12-month high of $52.97. The firm has a 50-day simple moving average of $49.12 and a 200-day simple moving average of $49.88. The company has a market capitalization of $83.69 million, a P/E ratio of 29.18 and a beta of 1.16.

ALPS Disruptive Technologies ETF Company Profile

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.