Short Interest in ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Decreases By 40.7%

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 337 shares, a decline of 40.7% from the December 31st total of 568 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 2,529 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 2,529 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

ALPS Disruptive Technologies ETF Stock Performance

DTEC stock traded down $0.44 during mid-day trading on Friday, hitting $47.04. 1,768 shares of the company were exchanged, compared to its average volume of 3,008. The firm’s 50 day simple moving average is $49.09 and its 200 day simple moving average is $49.82. ALPS Disruptive Technologies ETF has a 1-year low of $37.11 and a 1-year high of $52.97. The firm has a market cap of $78.56 million, a P/E ratio of 29.18 and a beta of 1.16.

Institutional Trading of ALPS Disruptive Technologies ETF

Several hedge funds and other institutional investors have recently modified their holdings of DTEC. Scott Marsh Financial LLC acquired a new stake in shares of ALPS Disruptive Technologies ETF in the second quarter valued at approximately $509,000. Jane Street Group LLC bought a new position in ALPS Disruptive Technologies ETF in the 2nd quarter valued at approximately $492,000. Anson Capital Inc. acquired a new position in shares of ALPS Disruptive Technologies ETF during the third quarter worth $340,000. Bank of America Corp DE grew its position in shares of ALPS Disruptive Technologies ETF by 10.3% in the 3rd quarter. Bank of America Corp DE now owns 56,644 shares of the company’s stock valued at $2,897,000 after buying an additional 5,273 shares during the last quarter. Finally, Creative Planning acquired a new stake in ALPS Disruptive Technologies ETF during the 3rd quarter valued at approximately $227,000.

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.