ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Short Interest Update

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 300 shares, a decline of 60.4% from the July 15th total of 757 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,093 shares, the days-to-cover ratio is presently 0.1 days.

ALPS Disruptive Technologies ETF Stock Performance

Shares of DTEC opened at $53.75 on Friday. The firm has a market cap of $77.94 million, a PE ratio of 29.18 and a beta of 1.14. The firm’s 50 day moving average price is $48.84 and its 200 day moving average price is $47.00. ALPS Disruptive Technologies ETF has a twelve month low of $41.99 and a twelve month high of $53.78.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Western Wealth Management LLC raised its holdings in shares of ALPS Disruptive Technologies ETF by 7.0% during the 1st quarter. Western Wealth Management LLC now owns 5,735 shares of the company’s stock valued at $248,000 after purchasing an additional 377 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in ALPS Disruptive Technologies ETF by 19.8% in the fourth quarter. Wells Fargo & Company MN now owns 8,484 shares of the company’s stock worth $412,000 after purchasing an additional 1,402 shares in the last quarter. Jane Street Group LLC increased its position in ALPS Disruptive Technologies ETF by 36.3% during the fourth quarter. Jane Street Group LLC now owns 7,300 shares of the company’s stock worth $355,000 after buying an additional 1,943 shares during the last quarter. Rossmore Private Capital increased its position in ALPS Disruptive Technologies ETF by 38.9% during the fourth quarter. Rossmore Private Capital now owns 7,546 shares of the company’s stock worth $367,000 after buying an additional 2,113 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new position in ALPS Disruptive Technologies ETF during the third quarter valued at about $110,000.

ALPS Disruptive Technologies ETF Company Profile

The ALPS Disruptive Technologies ETF (DTEC) is an exchange-traded fund that is based on the Indxx Disruptive Technologies index. The fund tracks an index of 100 global companies that are involved in disruptive technologies across 10 themes. DTEC was launched on Dec 29, 2017 and is managed by ALPS.