ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Sees Significant Increase in Short Interest

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 30,606 shares, a growth of 129.8% from the December 15th total of 13,317 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 30,563 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 30,563 shares, the short-interest ratio is presently 1.0 days. Approximately 1.0% of the company’s shares are short sold.

ALPS Level Four Large Cap Growth Active ETF Trading Up 0.3%

LGRO traded up $0.13 on Thursday, hitting $41.61. 1,953 shares of the company were exchanged, compared to its average volume of 14,035. The firm has a 50-day moving average price of $40.86 and a two-hundred day moving average price of $39.67. 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 company has a market cap of $132.32 million, a price-to-earnings ratio of 27.33 and a beta of 1.26.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

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

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.