ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Update

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 2,079 shares, a drop of 15.9% from the February 12th total of 2,472 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 4,263 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 4,263 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

ALPS Level Four Large Cap Growth Active ETF Stock Performance

ALPS Level Four Large Cap Growth Active ETF stock traded up $0.44 during mid-day trading on Monday, hitting $38.18. 1,994 shares of the company traded hands, compared to its average volume of 12,038. ALPS Level Four Large Cap Growth Active ETF has a one year low of $27.51 and a one year high of $42.59. The stock has a market cap of $115.69 million, a price-to-earnings ratio of 27.33 and a beta of 1.26. The stock has a fifty day moving average price of $40.06 and a 200-day moving average price of $40.31.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

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

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.