ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) Shares Shorted: Short Interest Up 353.8% in September

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,925 shares, an increase of 353.8% from the August 31st total of 865 shares. Based on an average daily volume of 42,080 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Trading Up 0.4%

Shares of NYSEARCA:OUSM traded up $0.17 during midday trading on Friday, reaching $46.55. The company had a trading volume of 17,822 shares, compared to its average volume of 66,523. The company’s 50 day moving average price is $48.82 and its 200 day moving average price is $47.00. The stock has a market cap of $792.83 million, a P/E ratio of 15.13 and a beta of 0.90. ALPS O’Shares U.S. Small-Cap Quality Dividend ETF has a 52-week low of $42.08 and a 52-week high of $50.36.

Institutional Investors Weigh In On ALPS O’Shares U.S. Small-Cap Quality Dividend ETF

Several large investors have recently modified their holdings of the stock. Ascentis Independent Advisors bought a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the first quarter valued at $1,164,000. Janney Montgomery Scott LLC raised its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% in the first quarter. Janney Montgomery Scott LLC now owns 27,323 shares of the company’s stock valued at $1,195,000 after buying an additional 702 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 0.9% during the 1st quarter. Bank of New York Mellon Corp now owns 37,615 shares of the company’s stock valued at $1,645,000 after buying an additional 335 shares during the last quarter.

About ALPS O’Shares U.S. Small-Cap Quality Dividend ETF

The ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Shares (OUSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks weighted for exposure to quality, low volatility, high dividend yield, and dividend quality factors. OUSM was launched on Dec 30, 2016 and is managed by ALPS.