ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) Stock Short Interest Declines 93.7%

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 2,000 shares, a decrease of 93.7% from the September 30th total of 31,658 shares. Based on an average daily volume of 64,604 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Trading Up 0.2%

OUSM traded up $0.11 on Monday, hitting $48.44. 34,145 shares of the stock traded hands, compared to its average volume of 65,169. The business has a fifty day moving average price of $47.96 and a two-hundred day moving average price of $46.82. The firm has a market capitalization of $811.37 million, a PE ratio of 15.13 and a beta of 0.91. ALPS O’Shares U.S. Small-Cap Quality Dividend ETF has a 52 week low of $42.08 and a 52 week high of $50.36.

Institutional Investors Weigh In On ALPS O’Shares U.S. Small-Cap Quality Dividend ETF

Several large investors have recently made changes to their positions in OUSM. Bank of New York Mellon Corp increased its holdings in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 0.9% during the first quarter. Bank of New York Mellon Corp now owns 37,615 shares of the company’s stock worth $1,645,000 after buying an additional 335 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% in the first quarter. Janney Montgomery Scott LLC now owns 27,323 shares of the company’s stock valued at $1,195,000 after purchasing an additional 702 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the first quarter worth $1,164,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the third quarter worth $319,000. Finally, Richardson Capital Management LLC bought a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the third quarter worth about $172,000.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Company Profile

The ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Shares (OUSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks weighted for exposure to quality, low volatility, high dividend yield, and dividend quality factors. OUSM was launched on Dec 30, 2016 and is managed by ALPS.