ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Sees Significant Decline in Short Interest

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 3,906 shares, a decline of 54.6% from the August 15th total of 8,611 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 2,853 shares, the short-interest ratio is presently 1.4 days.

ALPS Level Four Large Cap Growth Active ETF Trading Up 0.3%

Shares of ALPS Level Four Large Cap Growth Active ETF stock traded up $0.12 on Monday, reaching $46.30. 1,441 shares of the stock were exchanged, compared to its average volume of 8,740. ALPS Level Four Large Cap Growth Active ETF has a 1-year low of $35.71 and a 1-year high of $48.18. The business has a fifty day moving average price of $45.82 and a two-hundred day moving average price of $42.46. The firm has a market capitalization of $141.67 million, a PE ratio of 27.33 and a beta of 1.23.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Thursday, June 18th were given a $0.0411 dividend. The ex-dividend date was Thursday, June 18th. This is an increase from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.03. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%.

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.