ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Down 42.0% in April

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 2,269 shares, a drop of 42.0% from the March 31st total of 3,914 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 18,847 shares, the days-to-cover ratio is presently 0.1 days.

ALPS Level Four Large Cap Growth Active ETF Trading Up 0.1%

ALPS Level Four Large Cap Growth Active ETF stock traded up $0.05 during midday trading on Monday, reaching $40.76. The company’s stock had a trading volume of 2,299 shares, compared to its average volume of 11,397. ALPS Level Four Large Cap Growth Active ETF has a 52 week low of $31.28 and a 52 week high of $42.59. The business has a 50-day moving average price of $38.52 and a 200-day moving average price of $39.99. The stock has a market cap of $125.54 million, a PE ratio of 27.33 and a beta of 1.26.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Thursday, March 19th were issued a dividend of $0.032 per share. The ex-dividend date was Thursday, March 19th. This represents a $0.13 annualized dividend and a dividend yield of 0.3%.

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.