ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Short Interest Update

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 337 shares, a decline of 40.7% from the December 31st total of 568 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,529 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 2,529 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

ALPS Disruptive Technologies ETF Stock Performance

Shares of NYSEARCA:DTEC traded down $0.44 on Friday, hitting $47.04. The stock had a trading volume of 1,768 shares, compared to its average volume of 3,008. The company has a market capitalization of $78.56 million, a price-to-earnings ratio of 29.18 and a beta of 1.16. The firm’s 50 day moving average price is $49.09 and its 200-day moving average price is $49.82. ALPS Disruptive Technologies ETF has a twelve month low of $37.11 and a twelve month high of $52.97.

Hedge Funds Weigh In On ALPS Disruptive Technologies ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Ameritas Advisory Services LLC acquired a new position in shares of ALPS Disruptive Technologies ETF during the second quarter worth approximately $66,000. GPS Wealth Strategies Group LLC lifted its stake in ALPS Disruptive Technologies ETF by 13.6% in the second quarter. GPS Wealth Strategies Group LLC now owns 4,600 shares of the company’s stock valued at $227,000 after buying an additional 549 shares during the period. Cetera Investment Advisers boosted its stake in ALPS Disruptive Technologies ETF by 0.5% during the 2nd quarter. Cetera Investment Advisers now owns 121,746 shares of the company’s stock worth $6,006,000 after acquiring an additional 595 shares during the last quarter. Jane Street Group LLC bought a new position in shares of ALPS Disruptive Technologies ETF during the second quarter worth $492,000. Finally, Scott Marsh Financial LLC acquired a new stake in ALPS Disruptive Technologies ETF during the 2nd quarter worth $509,000.

ALPS Disruptive Technologies ETF Company Profile

The ALPS Disruptive Technologies ETF (DTEC) is an exchange-traded fund that is based on the Indxx Disruptive Technologies index. The fund tracks an index of 100 global companies that are involved in disruptive technologies across 10 themes. DTEC was launched on Dec 29, 2017 and is managed by ALPS.