ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) Stock Short Interest Falls 56.3%

ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 13,198 shares, a decline of 56.3% from the September 15th total of 30,234 shares. Based on an average daily trading volume, of 2,430 shares, the short-interest ratio is currently 5.4 days. Approximately 1.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On ALPS Emerging Sector Dividend Dogs ETF

A hedge fund recently bought a new stake in ALPS Emerging Sector Dividend Dogs ETF stock. Anchor Investment Management LLC bought a new position in ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,376 shares of the company’s stock, valued at approximately $80,000. Anchor Investment Management LLC owned about 0.28% of ALPS Emerging Sector Dividend Dogs ETF at the end of the most recent quarter.

ALPS Emerging Sector Dividend Dogs ETF Price Performance

Shares of NYSEARCA EDOG traded up $0.22 during mid-day trading on Tuesday, hitting $24.24. 853 shares of the company’s stock traded hands, compared to its average volume of 5,564. ALPS Emerging Sector Dividend Dogs ETF has a 1 year low of $22.70 and a 1 year high of $27.16. The company’s 50-day moving average is $24.66 and its two-hundred day moving average is $24.66. The company has a market capitalization of $21.82 million, a P/E ratio of 11.88 and a beta of 0.56.

ALPS Emerging Sector Dividend Dogs ETF Company Profile

The ALPS Emerging Sector Dividend Dogs ETF (EDOG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index that selects five companies with the highest dividend yield in each of the ten GICS sectors excluding real estate. EDOG was launched on Mar 28, 2014 and is managed by ALPS.