ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Down 50.6% in July

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 4,100 shares, a decline of 50.6% from the July 15th total of 8,295 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 3,427 shares, the short-interest ratio is currently 1.2 days.

ALPS Level Four Large Cap Growth Active ETF Stock Down 0.6%

Shares of LGRO stock traded down $0.27 during trading hours on Friday, reaching $47.75. 3,715 shares of the company’s stock were exchanged, compared to its average volume of 9,560. ALPS Level Four Large Cap Growth Active ETF has a fifty-two week low of $35.71 and a fifty-two week high of $48.18. The stock has a market capitalization of $146.12 million, a P/E ratio of 27.33 and a beta of 1.22. The business has a fifty day moving average price of $44.22 and a 200-day moving average price of $41.44.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Thursday, June 18th were given a dividend of $0.0411 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.3%. This is an increase from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, June 18th.

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.