ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) Stock Short Interest Report for September

ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 3,473 shares, a growth of 65.1% from the September 15th total of 2,103 shares. Based on an average trading volume of 21,043 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

ALPS Electrification Infrastructure ETF Stock Performance

ALPS Electrification Infrastructure ETF stock traded down $0.22 during mid-day trading on Friday, hitting $37.77. The company’s stock had a trading volume of 72,587 shares, compared to its average volume of 38,302. The company has a 50 day moving average of $40.14 and a 200-day moving average of $41.90. The stock has a market cap of $185.45 million, a PE ratio of 21.95 and a beta of 1.03. ALPS Electrification Infrastructure ETF has a one year low of $34.31 and a one year high of $45.92.

ALPS Electrification Infrastructure ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Thursday, September 17th were paid a dividend of $0.1104 per share. This is an increase from ALPS Electrification Infrastructure ETF’s previous quarterly dividend of $0.1065. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, September 17th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Noble Wealth Management PBC lifted its holdings in ALPS Electrification Infrastructure ETF by 11.3% during the 3rd quarter. Noble Wealth Management PBC now owns 7,781 shares of the company’s stock valued at $300,000 after buying an additional 791 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of ALPS Electrification Infrastructure ETF by 125.8% during the second quarter. Envestnet Asset Management Inc. now owns 20,815 shares of the company’s stock worth $935,000 after acquiring an additional 11,598 shares during the period. NewEdge Advisors LLC increased its position in shares of ALPS Electrification Infrastructure ETF by 578.8% during the second quarter. NewEdge Advisors LLC now owns 40,678 shares of the company’s stock worth $1,828,000 after acquiring an additional 34,685 shares during the period. Wellington Grp LLC bought a new stake in shares of ALPS Electrification Infrastructure ETF during the second quarter valued at approximately $235,000. Finally, Redhawk Wealth Advisors Inc. raised its stake in shares of ALPS Electrification Infrastructure ETF by 71.2% during the second quarter. Redhawk Wealth Advisors Inc. now owns 246,250 shares of the company’s stock valued at $11,067,000 after acquiring an additional 102,450 shares in the last quarter.

About ALPS Electrification Infrastructure ETF

The ALPS Electrification Infrastructure ETF is an exchange-traded fund that seeks to provide investment results that correspond generally to the performance of the underlying index, which focuses on companies involved in the electrification infrastructure sector.