ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Short Interest Update

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totaling 568 shares, a decline of 25.1% from the December 15th total of 758 shares. Based on an average daily volume of 2,207 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,207 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Scott Marsh Financial LLC purchased a new stake in ALPS Disruptive Technologies ETF during the 2nd quarter worth approximately $509,000. Jane Street Group LLC purchased a new stake in shares of ALPS Disruptive Technologies ETF during the second quarter worth $492,000. Anson Capital Inc. acquired a new stake in shares of ALPS Disruptive Technologies ETF in the third quarter valued at $340,000. Bank of America Corp DE boosted its holdings in ALPS Disruptive Technologies ETF by 10.3% in the third quarter. Bank of America Corp DE now owns 56,644 shares of the company’s stock valued at $2,897,000 after purchasing an additional 5,273 shares during the period. Finally, Creative Planning acquired a new position in ALPS Disruptive Technologies ETF during the 3rd quarter worth $227,000.

ALPS Disruptive Technologies ETF Stock Down 0.3%

DTEC traded down $0.14 during trading on Friday, reaching $49.23. The company’s stock had a trading volume of 5,120 shares, compared to its average volume of 2,711. The company has a market cap of $83.69 million, a price-to-earnings ratio of 29.18 and a beta of 1.16. The firm has a fifty day simple moving average of $49.12 and a two-hundred day simple moving average of $49.89. ALPS Disruptive Technologies ETF has a 1 year low of $37.11 and a 1 year high of $52.97.

ALPS Disruptive Technologies ETF Company Profile

The ALPS Disruptive Technologies ETF (DTEC) is an exchange-traded fund that is based on the Indxx Disruptive Technologies index. The fund tracks an index of 100 global companies that are involved in disruptive technologies across 10 themes. DTEC was launched on Dec 29, 2017 and is managed by ALPS.