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

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 1,041 shares, a decline of 85.0% from the January 15th total of 6,924 shares. Based on an average daily volume of 28,044 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 28,044 shares, the days-to-cover ratio is presently 0.0 days.

ALPS Level Four Large Cap Growth Active ETF Price Performance

NASDAQ:LGRO traded down $0.06 during midday trading on Tuesday, hitting $39.51. The company’s stock had a trading volume of 5,704 shares, compared to its average volume of 18,267. ALPS Level Four Large Cap Growth Active ETF has a fifty-two week low of $27.51 and a fifty-two week high of $42.59. The firm has a market cap of $119.72 million, a P/E ratio of 27.33 and a beta of 1.26. The firm’s 50 day moving average is $41.09 and its 200-day moving average is $40.16.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were paid a $0.0481 dividend. The ex-dividend date was Thursday, December 18th. This is an increase from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.04. This represents a $0.19 dividend on an annualized basis and a dividend yield of 0.5%.

ALPS Level Four Large Cap Growth Active ETF Company Profile

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.