Short Interest in ALPS REIT Dividend Dogs ETF (NYSEARCA:RDOG) Drops By 84.8%

ALPS REIT Dividend Dogs ETF (NYSEARCA:RDOG) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 140 shares, a decline of 84.8% from the April 30th total of 920 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 940 shares, the days-to-cover ratio is presently 0.1 days.

ALPS REIT Dividend Dogs ETF Price Performance

Shares of NYSEARCA:RDOG remained flat at $40.85 during trading on Thursday. The stock had a trading volume of 1,350 shares, compared to its average volume of 1,464. ALPS REIT Dividend Dogs ETF has a 1 year low of $34.76 and a 1 year high of $41.02. The firm has a market capitalization of $11.44 million, a PE ratio of 24.17 and a beta of 0.99. The business’s 50-day moving average price is $38.14 and its 200-day moving average price is $37.41.

Hedge Funds Weigh In On ALPS REIT Dividend Dogs ETF

An institutional investor recently raised its position in ALPS REIT Dividend Dogs ETF stock. Good Steward Wealth Advisors LLC raised its holdings in shares of ALPS REIT Dividend Dogs ETF (NYSEARCA:RDOG) by 40.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 114,727 shares of the company’s stock after acquiring an additional 33,028 shares during the period. ALPS REIT Dividend Dogs ETF makes up about 2.9% of Good Steward Wealth Advisors LLC’s portfolio, making the stock its 11th biggest position. Good Steward Wealth Advisors LLC owned about 32.78% of ALPS REIT Dividend Dogs ETF worth $4,186,000 as of its most recent SEC filing. 8.83% of the stock is owned by hedge funds and other institutional investors.

ALPS REIT Dividend Dogs ETF Company Profile

COHEN & STEERS is a manager of income-oriented equity portfolios specializing in U.S. and international real estate securities, large cap value stocks, utilities and listed infrastructure securities, and preferred securities. The company also offers private alternative investment strategies, such as hedged real estate securities portfolios and real estate funds of funds. Headquartered in New York City, with offices in Brussels, Hong Kong, London and Seattle, Cohen & Steers serves individual and institutional investors through a broad range of investment vehicles.