ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Update

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 8,611 shares, a growth of 110.0% from the July 30th total of 4,100 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 10,940 shares, the short-interest ratio is currently 0.8 days.

ALPS Level Four Large Cap Growth Active ETF Stock Down 0.1%

Shares of LGRO opened at $47.58 on Friday. The company has a market cap of $145.59 million, a PE ratio of 27.33 and a beta of 1.22. The business has a fifty day moving average of $45.07 and a 200 day moving average of $41.90. ALPS Level Four Large Cap Growth Active ETF has a 52-week low of $35.71 and a 52-week high of $48.18.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Thursday, June 18th were paid a $0.0411 dividend. This is an increase from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.03. This represents a $0.16 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Thursday, June 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.