ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) Sees Large Drop in Short Interest

ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 1,139 shares, a decline of 54.7% from the April 15th total of 2,515 shares. Based on an average daily trading volume, of 4,628 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On ALPS Emerging Sector Dividend Dogs ETF

An institutional investor recently bought a new position in ALPS Emerging Sector Dividend Dogs ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 18,923 shares of the company’s stock, valued at approximately $436,000. Flow Traders U.S. LLC owned about 1.58% of ALPS Emerging Sector Dividend Dogs ETF as of its most recent filing with the SEC.

ALPS Emerging Sector Dividend Dogs ETF Trading Down 0.9%

ALPS Emerging Sector Dividend Dogs ETF stock traded down $0.22 during midday trading on Friday, reaching $24.44. The stock had a trading volume of 2,556 shares, compared to its average volume of 4,112. ALPS Emerging Sector Dividend Dogs ETF has a 12 month low of $21.24 and a 12 month high of $27.16. The company has a market capitalization of $29.33 million, a P/E ratio of 11.88 and a beta of 0.56. The company has a fifty day moving average price of $25.28 and a two-hundred day moving average price of $24.99.

ALPS Emerging Sector Dividend Dogs ETF Company Profile

The ALPS Emerging Sector Dividend Dogs ETF (EDOG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index that selects five companies with the highest dividend yield in each of the ten GICS sectors excluding real estate. EDOG was launched on Mar 28, 2014 and is managed by ALPS.