ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Short Interest Down 45.3% in August

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 23,199 shares, a drop of 45.3% from the July 30th total of 42,394 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 33,881 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Del Sette Capital Management LLC lifted its position in shares of ALPS Sector Dividend Dogs ETF by 401.3% during the first quarter. Del Sette Capital Management LLC now owns 281,064 shares of the company’s stock worth $18,279,000 after purchasing an additional 224,994 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of ALPS Sector Dividend Dogs ETF by 5.1% in the second quarter. Bank of America Corp DE now owns 1,511,488 shares of the company’s stock valued at $86,878,000 after purchasing an additional 73,524 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of ALPS Sector Dividend Dogs ETF by 89.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 139,664 shares of the company’s stock valued at $8,445,000 after purchasing an additional 66,078 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of ALPS Sector Dividend Dogs ETF by 461.4% in the fourth quarter. IFP Advisors Inc now owns 62,745 shares of the company’s stock valued at $3,794,000 after purchasing an additional 51,568 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its stake in ALPS Sector Dividend Dogs ETF by 248.3% during the 1st quarter. Sanctuary Advisors LLC now owns 48,267 shares of the company’s stock worth $3,139,000 after buying an additional 34,409 shares during the period.

ALPS Sector Dividend Dogs ETF Stock Performance

Shares of ALPS Sector Dividend Dogs ETF stock traded down $0.04 during trading hours on Friday, hitting $73.57. The company’s stock had a trading volume of 18,117 shares, compared to its average volume of 41,024. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 15.06 and a beta of 0.70. ALPS Sector Dividend Dogs ETF has a twelve month low of $57.70 and a twelve month high of $74.73. The firm has a fifty day moving average of $71.43 and a 200-day moving average of $68.22.

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.