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

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 676 shares, an increase of 100.6% from the January 15th total of 337 shares. Based on an average daily volume of 3,816 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,816 shares, the short-interest ratio is presently 0.2 days.

ALPS Disruptive Technologies ETF Trading Up 1.3%

DTEC stock traded up $0.57 during mid-day trading on Friday, hitting $45.74. 4,431 shares of the company were exchanged, compared to its average volume of 3,428. ALPS Disruptive Technologies ETF has a twelve month low of $37.11 and a twelve month high of $52.97. The firm has a fifty day simple moving average of $48.44 and a 200 day simple moving average of $49.53. The company has a market capitalization of $76.39 million, a PE ratio of 29.18 and a beta of 1.16.

Hedge Funds Weigh In On ALPS Disruptive Technologies ETF

A number of institutional investors and hedge funds have recently bought and sold shares of DTEC. GPS Wealth Strategies Group LLC raised its position in ALPS Disruptive Technologies ETF by 13.6% in the second quarter. GPS Wealth Strategies Group LLC now owns 4,600 shares of the company’s stock worth $227,000 after acquiring an additional 549 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of ALPS Disruptive Technologies ETF by 0.5% during the 2nd quarter. Cetera Investment Advisers now owns 121,746 shares of the company’s stock valued at $6,006,000 after buying an additional 595 shares during the period. Jane Street Group LLC acquired a new position in ALPS Disruptive Technologies ETF in the 2nd quarter worth about $492,000. Scott Marsh Financial LLC acquired a new stake in ALPS Disruptive Technologies ETF in the second quarter valued at approximately $509,000. Finally, Global Retirement Partners LLC bought a new stake in ALPS Disruptive Technologies ETF in the third quarter worth $51,000.

About ALPS Disruptive Technologies ETF

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.