Short Interest in ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Drops By 50.7%

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 16,454 shares, a decline of 50.7% from the June 30th total of 33,403 shares. Based on an average daily trading volume, of 56,250 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

A number of large investors have recently modified their holdings of the business. TMB Capital Partners LLC acquired a new stake in ALPS Sector Dividend Dogs ETF in the 4th quarter worth approximately $2,003,000. IFP Advisors Inc grew its position in ALPS Sector Dividend Dogs ETF by 461.4% during the 4th quarter. IFP Advisors Inc now owns 62,745 shares of the company’s stock worth $3,794,000 after purchasing an additional 51,568 shares during the last quarter. Del Sette Capital Management LLC increased its stake in ALPS Sector Dividend Dogs ETF by 401.3% during the 1st quarter. Del Sette Capital Management LLC now owns 281,064 shares of the company’s stock valued at $18,279,000 after purchasing an additional 224,994 shares in the last quarter. Sanctuary Advisors LLC increased its stake in ALPS Sector Dividend Dogs ETF by 248.3% during the 1st quarter. Sanctuary Advisors LLC now owns 48,267 shares of the company’s stock valued at $3,139,000 after purchasing an additional 34,409 shares in the last quarter. Finally, Paller Financial Services Inc purchased a new position in shares of ALPS Sector Dividend Dogs ETF in the fourth quarter worth $2,649,000.

ALPS Sector Dividend Dogs ETF Stock Performance

NYSEARCA:SDOG traded down $0.92 during mid-day trading on Thursday, hitting $71.89. 38,413 shares of the company’s stock traded hands, compared to its average volume of 43,256. The company has a fifty day moving average of $69.39 and a 200 day moving average of $66.79. ALPS Sector Dividend Dogs ETF has a twelve month low of $56.30 and a twelve month high of $73.80. The company has a market capitalization of $1.41 billion, a P/E ratio of 15.06 and a beta of 0.70.

About ALPS Sector Dividend Dogs ETF

The ALPS Sector Dividend Dogs ETF (SDOG) is an exchange-traded fund that is based on the S-Network Sector Dividend Dogs index. The fund tracks an equal-weighted index of the five highest-yielding S&P 500 securities in each sector. SDOG was launched on Jun 29, 2012 and is managed by ALPS.