ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Update

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 2,079 shares, a decrease of 15.9% from the February 12th total of 2,472 shares. Based on an average daily volume of 4,263 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 4,263 shares, the short-interest ratio is presently 0.5 days.

ALPS Level Four Large Cap Growth Active ETF Stock Performance

NASDAQ:LGRO traded up $0.44 during trading hours on Monday, reaching $38.18. The stock had a trading volume of 1,994 shares, compared to its average volume of 12,038. The stock has a market cap of $115.69 million, a P/E ratio of 27.33 and a beta of 1.26. The stock has a 50 day simple moving average of $40.06 and a 200 day simple moving average of $40.31. ALPS Level Four Large Cap Growth Active ETF has a 12-month low of $27.51 and a 12-month high of $42.59.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were paid a dividend of $0.0481 per share. This represents a $0.19 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, December 18th. This is a positive change from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.04.

About ALPS Level Four Large Cap Growth Active ETF

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.