ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) Short Interest Update

ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 7,322 shares, a decrease of 32.0% from the December 15th total of 10,772 shares. Based on an average daily volume of 19,614 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 19,614 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of ALPS Electrification Infrastructure ETF

Institutional investors have recently bought and sold shares of the company. Tripletail Wealth Management LLC bought a new position in shares of ALPS Electrification Infrastructure ETF in the third quarter worth about $27,000. Farther Finance Advisors LLC acquired a new stake in shares of ALPS Electrification Infrastructure ETF in the 3rd quarter valued at $89,000. Noble Wealth Management PBC grew its holdings in ALPS Electrification Infrastructure ETF by 1,496.6% during the 4th quarter. Noble Wealth Management PBC now owns 7,983 shares of the company’s stock worth $281,000 after acquiring an additional 7,483 shares during the period. Susquehanna International Group LLP bought a new position in ALPS Electrification Infrastructure ETF during the 3rd quarter worth approximately $390,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of ALPS Electrification Infrastructure ETF during the fourth quarter worth about $749,000.

ALPS Electrification Infrastructure ETF Stock Performance

Shares of ELFY stock traded up $0.24 on Friday, hitting $37.78. The stock had a trading volume of 37,663 shares, compared to its average volume of 54,224. The stock’s 50 day moving average is $35.94 and its 200-day moving average is $35.10. ALPS Electrification Infrastructure ETF has a 52-week low of $25.53 and a 52-week high of $38.00. The firm has a market capitalization of $113.72 million, a price-to-earnings ratio of 21.95 and a beta of 1.54.

ALPS Electrification Infrastructure ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were paid a dividend of $0.1186 per share. This represents a $0.47 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, December 18th. This is an increase from ALPS Electrification Infrastructure ETF’s previous quarterly dividend of $0.10.

ALPS Electrification Infrastructure ETF Company Profile

The ALPS Electrification Infrastructure ETF is an exchange-traded fund that seeks to provide investment results that correspond generally to the performance of the underlying index, which focuses on companies involved in the electrification infrastructure sector.