ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sees Large Drop in Short Interest

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 23,199 shares, a decrease of 45.3% from the July 30th total of 42,394 shares. Based on an average daily volume of 33,881 shares, the short-interest ratio is presently 0.7 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Money Concepts Capital Corp lifted its position in shares of ALPS Sector Dividend Dogs ETF by 0.6% in the 1st quarter. Money Concepts Capital Corp now owns 35,647 shares of the company’s stock worth $2,318,000 after purchasing an additional 201 shares during the period. Stifel Financial Corp increased its position in shares of ALPS Sector Dividend Dogs ETF by 0.4% during the fourth quarter. Stifel Financial Corp now owns 61,497 shares of the company’s stock worth $3,719,000 after buying an additional 229 shares during the period. MML Investors Services LLC raised its stake in ALPS Sector Dividend Dogs ETF by 1.1% during the fourth quarter. MML Investors Services LLC now owns 20,540 shares of the company’s stock worth $1,242,000 after buying an additional 229 shares during the last quarter. Cullen Frost Bankers Inc. lifted its holdings in ALPS Sector Dividend Dogs ETF by 26.9% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,198 shares of the company’s stock valued at $72,000 after buying an additional 254 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its holdings in ALPS Sector Dividend Dogs ETF by 5.1% in the second quarter. Wealthcare Advisory Partners LLC now owns 5,308 shares of the company’s stock valued at $362,000 after buying an additional 257 shares during the period.

ALPS Sector Dividend Dogs ETF Stock Down 0.8%

ALPS Sector Dividend Dogs ETF stock traded down $0.62 during trading hours on Monday, hitting $72.95. The stock had a trading volume of 15,300 shares, compared to its average volume of 40,869. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 15.06 and a beta of 0.70. ALPS Sector Dividend Dogs ETF has a one year low of $57.70 and a one year high of $74.73. The business’s 50 day simple moving average is $71.53 and its 200-day simple moving average is $68.28.

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.