Short Interest in ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Increases By 137.5%

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 2,472 shares, an increase of 137.5% from the January 29th total of 1,041 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 8,109 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 8,109 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

ALPS Level Four Large Cap Growth Active ETF Stock Down 0.7%

Shares of NASDAQ LGRO traded down $0.28 during mid-day trading on Friday, reaching $39.03. 10,780 shares of the company were exchanged, compared to its average volume of 13,982. ALPS Level Four Large Cap Growth Active ETF has a twelve month low of $27.51 and a twelve month high of $42.59. The stock has a market capitalization of $118.26 million, a P/E ratio of 27.33 and a beta of 1.26. The company’s 50-day simple moving average is $40.59 and its 200-day simple moving average is $40.25.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

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

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.