ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Sees Large Decrease in Short Interest

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGROGet Free Report) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 4,100 shares, a decline of 50.6% from the July 15th total of 8,295 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,427 shares, the short-interest ratio is presently 1.2 days.

ALPS Level Four Large Cap Growth Active ETF Price Performance

ALPS Level Four Large Cap Growth Active ETF stock traded down $0.08 during mid-day trading on Tuesday, reaching $47.09. 269 shares of the company were exchanged, compared to its average volume of 9,479. The firm has a market cap of $144.10 million, a PE ratio of 27.33 and a beta of 1.22. The company has a fifty day simple moving average of $44.31 and a 200-day simple moving average of $41.48. ALPS Level Four Large Cap Growth Active ETF has a 12 month low of $35.71 and a 12 month high of $48.18.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

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

ALPS Level Four Large Cap Growth Active ETF Company Profile

(Get Free Report)

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.

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