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

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGROGet Free Report) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 281 shares, a decline of 96.7% from the May 14th total of 8,488 shares. Based on an average daily trading volume, of 2,671 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

ALPS Level Four Large Cap Growth Active ETF Price Performance

Shares of NASDAQ LGRO traded down $0.22 during trading hours on Tuesday, reaching $42.75. The stock had a trading volume of 341 shares, compared to its average volume of 10,247. The business’s fifty day moving average is $40.99 and its two-hundred day moving average is $40.36. The company has a market cap of $130.82 million, a price-to-earnings ratio of 27.33 and a beta of 1.24. ALPS Level Four Large Cap Growth Active ETF has a twelve month low of $34.93 and a twelve month high of $45.26.

ALPS Level Four Large Cap Growth Active ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Thursday, March 19th were paid a $0.032 dividend. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Thursday, March 19th.

About ALPS Level Four Large Cap Growth Active ETF

(Get Free Report)

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. LGRO was launched on Aug 22, 2023 and is issued by SS&C.

See Also

Receive News & Ratings for ALPS Level Four Large Cap Growth Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ALPS Level Four Large Cap Growth Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.