ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Short Interest Up 85.3% in May

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 13,824 shares, a growth of 85.3% from the May 14th total of 7,459 shares. Based on an average trading volume of 25,562 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

A number of institutional investors have recently made changes to their positions in SDOG. Arax Advisory Partners acquired a new stake in shares of ALPS Sector Dividend Dogs ETF in the fourth quarter valued at about $33,000. Phillip James Consulting Co. acquired a new position in shares of ALPS Sector Dividend Dogs ETF in the first quarter worth approximately $36,000. SOA Wealth Advisors LLC. lifted its stake in shares of ALPS Sector Dividend Dogs ETF by 258.1% in the first quarter. SOA Wealth Advisors LLC. now owns 555 shares of the company’s stock worth $36,000 after acquiring an additional 400 shares during the period. Farther Finance Advisors LLC bought a new stake in ALPS Sector Dividend Dogs ETF in the fourth quarter valued at approximately $47,000. Finally, Bank of Montreal Can boosted its holdings in ALPS Sector Dividend Dogs ETF by 120.8% in the fourth quarter. Bank of Montreal Can now owns 1,104 shares of the company’s stock valued at $67,000 after acquiring an additional 604 shares during the last quarter.

ALPS Sector Dividend Dogs ETF Stock Up 0.1%

Shares of SDOG stock traded up $0.07 during trading hours on Monday, hitting $70.22. 10,485 shares of the company’s stock traded hands, compared to its average volume of 42,247. The stock has a market cap of $1.42 billion, a PE ratio of 15.06 and a beta of 0.70. The stock’s 50 day simple moving average is $66.76 and its 200 day simple moving average is $64.67. ALPS Sector Dividend Dogs ETF has a 12 month low of $56.21 and a 12 month high of $70.24.

ALPS Sector Dividend Dogs ETF Company Profile

The ALPS Sector Dividend Dogs ETF (SDOG) is an exchange-traded fund that is based on the S-Network Sector Dividend Dogs index. The fund tracks an equal-weighted index of the five highest-yielding S&P 500 securities in each sector. SDOG was launched on Jun 29, 2012 and is managed by ALPS.