ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Update

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a large drop in short interest in May. As of May 31st, there was short interest totalling 5,300 shares, a drop of 26.4% from the May 15th total of 7,200 shares. Based on an average daily trading volume, of 5,100 shares, the short-interest ratio is currently 1.0 days.

ALPS Level Four Large Cap Growth Active ETF Stock Performance

Shares of NASDAQ:LGRO traded down $0.12 on Friday, reaching $30.82. The company’s stock had a trading volume of 639 shares, compared to its average volume of 6,039. ALPS Level Four Large Cap Growth Active ETF has a 52-week low of $22.99 and a 52-week high of $31.19. The company has a market cap of $80.44 million, a P/E ratio of 28.44 and a beta of 1.29. The company has a 50-day simple moving average of $29.87 and a 200 day simple moving average of $29.15.

ALPS Level Four Large Cap Growth Active ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were paid a dividend of $0.044 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.57%.

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.