ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Sees Large 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 April. As of April 15th, there was short interest totalling 1,400 shares, a growth of 1,300.0% from the March 31st total of 100 shares. Based on an average trading volume of 6,900 shares, the days-to-cover ratio is currently 0.2 days.

ALPS Level Four Large Cap Growth Active ETF Stock Performance

NASDAQ:LGRO traded down $0.15 during trading on Thursday, reaching $28.88. The company’s stock had a trading volume of 8,363 shares, compared to its average volume of 7,211. The firm has a market cap of $76.25 million, a price-to-earnings ratio of 29.42 and a beta of 1.21. ALPS Level Four Large Cap Growth Active ETF has a 12 month low of $22.99 and a 12 month high of $30.55. The firm has a 50 day moving average of $29.62 and a 200-day moving average of $27.77.

ALPS Level Four Large Cap Growth Active ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were given a dividend of $0.044 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.18 annualized dividend and a yield of 0.61%.

About ALPS Level Four Large Cap Growth Active ETF

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.