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

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 549 shares, a growth of 28.9% from the February 12th total of 426 shares. Based on an average daily volume of 4,534 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 4,534 shares, the days-to-cover ratio is currently 0.1 days.

ALPS Disruptive Technologies ETF Trading Up 1.3%

Shares of DTEC stock traded up $0.57 on Monday, reaching $44.88. The company’s stock had a trading volume of 29,464 shares, compared to its average volume of 4,341. The stock’s fifty day simple moving average is $46.95 and its 200-day simple moving average is $49.01. ALPS Disruptive Technologies ETF has a 1 year low of $37.11 and a 1 year high of $52.97. The company has a market capitalization of $74.95 million, a price-to-earnings ratio of 29.18 and a beta of 1.16.

Institutional Trading of ALPS Disruptive Technologies ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wedbush Securities Inc. increased its position in shares of ALPS Disruptive Technologies ETF by 3.0% in the third quarter. Wedbush Securities Inc. now owns 11,853 shares of the company’s stock valued at $606,000 after buying an additional 343 shares in the last quarter. Lodestone Wealth Management LLC purchased a new stake in shares of ALPS Disruptive Technologies ETF during the 4th quarter worth $25,000. Cetera Investment Advisers boosted its holdings in ALPS Disruptive Technologies ETF by 0.5% in the second quarter. Cetera Investment Advisers now owns 121,746 shares of the company’s stock valued at $6,006,000 after purchasing an additional 595 shares in the last quarter. GPS Wealth Strategies Group LLC grew its holdings in shares of ALPS Disruptive Technologies ETF by 15.7% during the third quarter. GPS Wealth Strategies Group LLC now owns 5,322 shares of the company’s stock worth $272,000 after purchasing an additional 722 shares during the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in ALPS Disruptive Technologies ETF in the 3rd quarter valued at $51,000.

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.