Short Interest in ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Declines By 54.6%

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 3,906 shares, a drop of 54.6% from the August 15th total of 8,611 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 2,853 shares, the short-interest ratio is currently 1.4 days.

ALPS Level Four Large Cap Growth Active ETF Price Performance

LGRO stock traded up $0.07 on Wednesday, reaching $46.31. 3,700 shares of the company were exchanged, compared to its average volume of 8,739. The firm has a market capitalization of $185.21 million, a PE ratio of 27.33 and a beta of 1.23. ALPS Level Four Large Cap Growth Active ETF has a 12 month low of $35.71 and a 12 month high of $48.18. The stock’s fifty day moving average price is $45.92 and its 200 day moving average price is $42.57.

About ALPS Level Four Large Cap Growth Active ETF

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.