ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) Sees Large Drop in Short Interest

ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 1,139 shares, a drop of 54.7% from the April 15th total of 2,515 shares. Based on an average trading volume of 4,628 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of ALPS Emerging Sector Dividend Dogs ETF

An institutional investor recently bought a new position in ALPS Emerging Sector Dividend Dogs ETF stock. Flow Traders U.S. LLC bought a new stake in ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 18,923 shares of the company’s stock, valued at approximately $436,000. Flow Traders U.S. LLC owned approximately 1.58% of ALPS Emerging Sector Dividend Dogs ETF at the end of the most recent reporting period.

ALPS Emerging Sector Dividend Dogs ETF Stock Performance

Shares of EDOG stock traded down $0.22 during mid-day trading on Friday, hitting $24.44. The company’s stock had a trading volume of 2,556 shares, compared to its average volume of 4,112. The company’s fifty day simple moving average is $25.28 and its 200-day simple moving average is $24.99. ALPS Emerging Sector Dividend Dogs ETF has a 52 week low of $21.24 and a 52 week high of $27.16. The company has a market cap of $29.33 million, a PE ratio of 11.88 and a beta of 0.56.

ALPS Emerging Sector Dividend Dogs ETF Company Profile

The ALPS Emerging Sector Dividend Dogs ETF (EDOG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index that selects five companies with the highest dividend yield in each of the ten GICS sectors excluding real estate. EDOG was launched on Mar 28, 2014 and is managed by ALPS.