Short Interest in ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Decreases By 37.0%

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 426 shares, a drop of 37.0% from the January 29th total of 676 shares. Based on an average daily volume of 4,072 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 4,072 shares, the days-to-cover ratio is currently 0.1 days.

ALPS Disruptive Technologies ETF Trading Down 0.6%

Shares of ALPS Disruptive Technologies ETF stock traded down $0.30 on Friday, reaching $46.09. 1,853 shares of the company were exchanged, compared to its average volume of 3,668. ALPS Disruptive Technologies ETF has a fifty-two week low of $37.11 and a fifty-two week high of $52.97. The firm has a market capitalization of $76.97 million, a price-to-earnings ratio of 29.18 and a beta of 1.16. The stock has a fifty day moving average price of $47.75 and a 200-day moving average price of $49.33.

Institutional Trading of ALPS Disruptive Technologies ETF

A number of institutional investors have recently added to or reduced their stakes in DTEC. GPS Wealth Strategies Group LLC raised its holdings in shares of ALPS Disruptive Technologies ETF by 13.6% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 4,600 shares of the company’s stock valued at $227,000 after purchasing an additional 549 shares in the last quarter. Cetera Investment Advisers raised its holdings in ALPS Disruptive Technologies ETF by 0.5% during the second quarter. Cetera Investment Advisers now owns 121,746 shares of the company’s stock valued at $6,006,000 after buying an additional 595 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of ALPS Disruptive Technologies ETF in the second quarter worth about $492,000. Scott Marsh Financial LLC bought a new stake in shares of ALPS Disruptive Technologies ETF during the 2nd quarter worth about $509,000. Finally, Global Retirement Partners LLC bought a new stake in shares of ALPS Disruptive Technologies ETF during the 3rd quarter worth about $51,000.

About ALPS Disruptive Technologies ETF

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.