ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Update

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 4,100 shares, a decline of 50.6% from the July 15th total of 8,295 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,427 shares, the short-interest ratio is presently 1.2 days.

ALPS Level Four Large Cap Growth Active ETF Trading Down 1.1%

NASDAQ LGRO traded down $0.52 during trading hours on Monday, reaching $47.17. 6,188 shares of the company’s stock were exchanged, compared to its average volume of 9,538. The firm has a fifty day moving average of $44.22 and a 200-day moving average of $41.44. ALPS Level Four Large Cap Growth Active ETF has a one year low of $35.71 and a one year high of $48.18. The stock has a market cap of $144.34 million, a PE ratio of 27.33 and a beta of 1.22.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Thursday, June 18th were paid a dividend of $0.0411 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.3%. This is an increase from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, June 18th.

ALPS Level Four Large Cap Growth Active ETF Company Profile

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.