ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Shares Shorted: Short Interest Down 88.5% in September

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 753 shares, a decline of 88.5% from the September 15th total of 6,520 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 10,272 shares, the short-interest ratio is currently 0.1 days.

ALPS Level Four Large Cap Growth Active ETF Stock Performance

ALPS Level Four Large Cap Growth Active ETF stock traded up $0.59 during midday trading on Friday, reaching $48.06. 1,593 shares of the stock were exchanged, compared to its average volume of 8,650. ALPS Level Four Large Cap Growth Active ETF has a 52 week low of $35.71 and a 52 week high of $48.18. The firm has a market cap of $148.51 million, a PE ratio of 27.33 and a beta of 1.23. The company’s fifty day moving average is $47.00 and its 200-day moving average is $43.63.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Thursday, September 17th were issued a $0.03 dividend. The ex-dividend date of this dividend was Thursday, September 17th. This is a decrease from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.0411. This represents a $0.12 annualized dividend and a dividend yield of 0.2%.

About ALPS Level Four Large Cap Growth Active ETF

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.