ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) Sees Large Decrease in Short Interest

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSMGet Free Report) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 865 shares, a decline of 71.3% from the August 15th total of 3,013 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 54,278 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On ALPS O’Shares U.S. Small-Cap Quality Dividend ETF

Hedge funds have recently bought and sold shares of the company. Triumph Capital Management bought a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the third quarter valued at about $48,000. Royal Palms Capital LLC bought a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the 4th quarter worth approximately $455,000. Arkadios Wealth Advisors acquired a new position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the 4th quarter worth approximately $900,000. Ascentis Independent Advisors acquired a new position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the 1st quarter worth approximately $1,164,000. Finally, Janney Montgomery Scott LLC raised its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 27,323 shares of the company’s stock valued at $1,195,000 after acquiring an additional 702 shares in the last quarter.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Price Performance

OUSM traded up $0.39 during trading on Friday, hitting $48.33. The company had a trading volume of 44,778 shares, compared to its average volume of 67,167. ALPS O’Shares U.S. Small-Cap Quality Dividend ETF has a 1-year low of $42.08 and a 1-year high of $50.36. The company has a market cap of $877.19 million, a PE ratio of 15.13 and a beta of 0.90. The business has a 50-day moving average of $48.89 and a 200-day moving average of $46.94.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Company Profile

(Get Free Report)

The ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Shares (OUSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks weighted for exposure to quality, low volatility, high dividend yield, and dividend quality factors. OUSM was launched on Dec 30, 2016 and is managed by ALPS.

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