ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Short Interest Update

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 14,914 shares, a decline of 60.7% from the August 31st total of 37,922 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 17,219 shares, the short-interest ratio is presently 0.9 days.

ALPS Sector Dividend Dogs ETF Stock Performance

ALPS Sector Dividend Dogs ETF stock traded down $0.40 during midday trading on Tuesday, reaching $68.57. 39,147 shares of the company were exchanged, compared to its average volume of 38,931. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 15.06 and a beta of 0.70. ALPS Sector Dividend Dogs ETF has a 1 year low of $57.70 and a 1 year high of $74.73. The firm’s 50-day simple moving average is $72.28 and its 200-day simple moving average is $68.92.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Del Sette Capital Management LLC boosted its position in shares of ALPS Sector Dividend Dogs ETF by 401.3% in the first quarter. Del Sette Capital Management LLC now owns 281,064 shares of the company’s stock worth $18,279,000 after acquiring an additional 224,994 shares during the last quarter. Royal Bank of Canada raised its stake in ALPS Sector Dividend Dogs ETF by 1.1% during the first quarter. Royal Bank of Canada now owns 155,649 shares of the company’s stock worth $10,122,000 after purchasing an additional 1,659 shares during the period. Sterling Investment Advisors Ltd. purchased a new position in ALPS Sector Dividend Dogs ETF during the second quarter worth approximately $8,818,000. Janney Montgomery Scott LLC boosted its holdings in ALPS Sector Dividend Dogs ETF by 1.9% in the first quarter. Janney Montgomery Scott LLC now owns 99,323 shares of the company’s stock valued at $6,460,000 after acquiring an additional 1,814 shares during the last quarter. Finally, Capital Investment Counsel LLC grew its position in ALPS Sector Dividend Dogs ETF by 3.4% during the first quarter. Capital Investment Counsel LLC now owns 92,838 shares of the company’s stock valued at $6,038,000 after acquiring an additional 3,090 shares during the period.

About ALPS Sector Dividend Dogs ETF

The ALPS Sector Dividend Dogs ETF (SDOG) is an exchange-traded fund that is based on the S-Network Sector Dividend Dogs index. The fund tracks an equal-weighted index of the five highest-yielding S&P 500 securities in each sector. SDOG was launched on Jun 29, 2012 and is managed by ALPS.