ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) Short Interest Update

ALPS Electrification Infrastructure ETF (NASDAQ:ELFY – Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 21,033 shares, an increase of 89.8% from the June 15th total of 11,084 shares. Based on an average trading volume of 44,096 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the shares of the stock are short sold.

ALPS Electrification Infrastructure ETF Stock Down 1.9%

Shares of NASDAQ:ELFY traded down $0.82 during trading on Thursday, reaching $41.52. 95,045 shares of the company’s stock traded hands, compared to its average volume of 42,903. ALPS Electrification Infrastructure ETF has a fifty-two week low of $32.38 and a fifty-two week high of $45.92. The company has a 50-day simple moving average of $43.90 and a 200-day simple moving average of $41.16. The firm has a market cap of $198.47 million, a PE ratio of 21.95 and a beta of 0.87.

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ALPS Electrification Infrastructure ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Thursday, June 18th were given a dividend of $0.1065 per share. This is an increase from ALPS Electrification Infrastructure ETF’s previous quarterly dividend of $0.10. This represents a $0.43 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, June 18th.

Institutional Trading of ALPS Electrification Infrastructure ETF

A number of institutional investors and hedge funds have recently made changes to their positions in ELFY. Thrivent Financial for Lutherans lifted its position in shares of ALPS Electrification Infrastructure ETF by 6,816.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 592,370 shares of the company’s stock valued at $20,851,000 after buying an additional 583,805 shares in the last quarter. Redhawk Wealth Advisors Inc. increased its holdings in ALPS Electrification Infrastructure ETF by 71.2% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 246,250 shares of the company’s stock worth $11,067,000 after acquiring an additional 102,450 shares in the last quarter. Brookwood Investment Group LLC purchased a new stake in ALPS Electrification Infrastructure ETF in the 4th quarter worth $2,875,000. Osaic Holdings Inc. raised its position in ALPS Electrification Infrastructure ETF by 565.8% during the fourth quarter. Osaic Holdings Inc. now owns 49,879 shares of the company’s stock worth $1,756,000 after acquiring an additional 42,387 shares during the period. Finally, OLD Mission Capital LLC lifted its holdings in ALPS Electrification Infrastructure ETF by 145.2% during the fourth quarter. OLD Mission Capital LLC now owns 31,589 shares of the company’s stock valued at $1,112,000 after purchasing an additional 18,707 shares in the last quarter.

ALPS Electrification Infrastructure ETF Company Profile

(Get Free Report)

The ALPS Electrification Infrastructure ETF is an exchange-traded fund that seeks to provide investment results that correspond generally to the performance of the underlying index, which focuses on companies involved in the electrification infrastructure sector.

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