ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Sees Significant Decline in Short Interest

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGROGet Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,906 shares, a decrease of 54.6% from the August 15th total of 8,611 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 2,853 shares, the short-interest ratio is presently 1.4 days.

ALPS Level Four Large Cap Growth Active ETF Stock Performance

ALPS Level Four Large Cap Growth Active ETF stock traded up $0.12 during mid-day trading on Monday, reaching $46.30. 1,441 shares of the company were exchanged, compared to its average volume of 8,740. The firm’s 50-day simple moving average is $45.82 and its two-hundred day simple moving average is $42.46. ALPS Level Four Large Cap Growth Active ETF has a twelve month low of $35.71 and a twelve month high of $48.18. The firm has a market cap of $141.67 million, a PE ratio of 27.33 and a beta of 1.23.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Thursday, June 18th were paid a dividend of $0.0411 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.4%. This is a boost from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Thursday, June 18th.

ALPS Level Four Large Cap Growth Active ETF Company Profile

(Get Free Report)

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.

Further Reading

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