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 growth in short interest during the month of May. As of May 15th, there was short interest totaling 8,488 shares, a growth of 408.9% from the April 30th total of 1,668 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 11,162 shares, the short-interest ratio is presently 0.8 days.

ALPS Level Four Large Cap Growth Active ETF Stock Up 1.3%

ALPS Level Four Large Cap Growth Active ETF stock traded up $0.57 during trading hours on Thursday, hitting $43.39. The stock had a trading volume of 322 shares, compared to its average volume of 10,538. The stock has a market capitalization of $132.77 million, a P/E ratio of 27.33 and a beta of 1.22. ALPS Level Four Large Cap Growth Active ETF has a 12-month low of $34.48 and a 12-month high of $43.39. The stock’s 50-day moving average price is $39.82 and its 200-day moving average price is $40.13.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Thursday, March 19th were issued a $0.032 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $0.13 annualized dividend and a yield of 0.3%.

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.