ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Sees Significant Growth in Short Interest

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) saw a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 700 shares, a growth of 75.0% from the July 31st total of 400 shares. Based on an average daily volume of 3,800 shares, the short-interest ratio is presently 0.2 days.

ALPS Level Four Large Cap Growth Active ETF Stock Performance

Shares of LGRO stock opened at $31.79 on Friday. ALPS Level Four Large Cap Growth Active ETF has a fifty-two week low of $22.99 and a fifty-two week high of $32.33. The firm has a market capitalization of $85.20 million, a price-to-earnings ratio of 28.44 and a beta of 1.29. The stock’s 50-day simple moving average is $31.13 and its 200-day simple moving average is $30.30.

ALPS Level Four Large Cap Growth Active ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Thursday, June 20th were issued a $0.0307 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend was Thursday, June 20th.

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.