ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) Stock Short Interest Declines 93.7%

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 2,000 shares, a decrease of 93.7% from the September 30th total of 31,658 shares. Based on an average daily volume of 64,604 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Stock Performance

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF stock traded up $0.11 during midday trading on Monday, hitting $48.44. 34,145 shares of the company’s stock were exchanged, compared to its average volume of 65,169. The stock has a market cap of $811.37 million, a price-to-earnings ratio of 15.13 and a beta of 0.91. ALPS O’Shares U.S. Small-Cap Quality Dividend ETF has a 12-month low of $42.08 and a 12-month high of $50.36. The firm’s 50 day simple moving average is $47.96 and its 200 day simple moving average is $46.82.

Institutional Investors Weigh In On ALPS O’Shares U.S. Small-Cap Quality Dividend ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Richardson Capital Management LLC acquired a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the third quarter worth $172,000. Farmers & Merchants Investments Inc. purchased a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the third quarter worth about $120,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the third quarter valued at approximately $319,000. CoreCap Advisors LLC raised its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 1,335.9% in the third quarter. CoreCap Advisors LLC now owns 919 shares of the company’s stock valued at $42,000 after buying an additional 855 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 0.9% in the first quarter. Bank of New York Mellon Corp now owns 37,615 shares of the company’s stock valued at $1,645,000 after buying an additional 335 shares during the last quarter.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Company Profile

The ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Shares (OUSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks weighted for exposure to quality, low volatility, high dividend yield, and dividend quality factors. OUSM was launched on Dec 30, 2016 and is managed by ALPS.