ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) Short Interest Down 74.4% in December

ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 10,772 shares, a decrease of 74.4% from the November 30th total of 42,113 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 25,093 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 25,093 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the company’s stock are short sold.

ALPS Electrification Infrastructure ETF Price Performance

ELFY stock traded down $0.05 on Friday, reaching $35.71. 8,067 shares of the company traded hands, compared to its average volume of 28,994. ALPS Electrification Infrastructure ETF has a one year low of $25.53 and a one year high of $37.60. The company has a market cap of $95.35 million, a P/E ratio of 21.95 and a beta of 1.54. The firm has a fifty day simple moving average of $36.05 and a 200-day simple moving average of $34.56.

ALPS Electrification Infrastructure ETF Increases Dividend

The company 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 $0.1186 per share. This represents a $0.47 annualized dividend and a dividend yield of 1.3%. This is an increase from ALPS Electrification Infrastructure ETF’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Trading of ALPS Electrification Infrastructure ETF

A number of large investors have recently made changes to their positions in the stock. Susquehanna International Group LLP purchased a new stake in ALPS Electrification Infrastructure ETF during the 3rd quarter valued at $390,000. Citadel Advisors LLC purchased a new position in ALPS Electrification Infrastructure ETF in the 3rd quarter worth approximately $780,000. Alps Advisors Inc. bought a new position in shares of ALPS Electrification Infrastructure ETF during the third quarter worth $4,610,000. Tripletail Wealth Management LLC bought a new position in shares of ALPS Electrification Infrastructure ETF during the 3rd quarter valued at about $27,000. Finally, Farther Finance Advisors LLC bought a new position in ALPS Electrification Infrastructure ETF during the third quarter valued at approximately $89,000.

ALPS Electrification Infrastructure ETF Company Profile

The ALPS Electrification Infrastructure ETF is an exchange-traded fund that seeks to provide investment results that correspond generally to the performance of the underlying index, which focuses on companies involved in the electrification infrastructure sector.