ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Up 137.5% in February

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGROGet Free Report) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 2,472 shares, an increase of 137.5% from the January 29th total of 1,041 shares. Based on an average daily volume of 8,109 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 8,109 shares, the days-to-cover ratio is presently 0.3 days.

ALPS Level Four Large Cap Growth Active ETF Stock Down 0.7%

Shares of LGRO opened at $39.03 on Friday. ALPS Level Four Large Cap Growth Active ETF has a fifty-two week low of $27.51 and a fifty-two week high of $42.59. The firm’s 50 day moving average price is $40.59 and its 200 day moving average price is $40.27. The company has a market cap of $118.26 million, a P/E ratio of 27.33 and a beta of 1.26.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Thursday, December 18th were paid a dividend of $0.0481 per share. This represents a $0.19 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, December 18th. This is a positive change 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

(Get Free Report)

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.

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