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 large increase in short interest in December. As of December 15th, there was short interest totaling 13,317 shares, an increase of 138.2% from the November 30th total of 5,590 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 13,484 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 13,484 shares, the short-interest ratio is currently 1.0 days. Approximately 0.5% of the company’s stock are sold short.

ALPS Level Four Large Cap Growth Active ETF Stock Up 0.1%

LGRO traded up $0.03 on Friday, reaching $41.40. The company had a trading volume of 28,745 shares, compared to its average volume of 9,554. ALPS Level Four Large Cap Growth Active ETF has a 1 year low of $27.51 and a 1 year high of $42.25. The stock has a market capitalization of $120.47 million, a PE ratio of 27.33 and a beta of 1.26. The stock has a 50-day moving average price of $40.77 and a 200-day moving average price of $39.06.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Thursday, December 18th were given a $0.0481 dividend. This is a boost from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.04. 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%.

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.