Short Interest in ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA) Declines By 35.7%

by · The Cerbat Gem

ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA – Get Free Report) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 575 shares, a decline of 35.7% from the August 15th total of 894 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 18,201 shares, the days-to-cover ratio is currently 0.0 days.

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

A number of large investors have recently bought and sold shares of OUSA. Janney Montgomery Scott LLC boosted its position in ALPS O’Shares U.S. Quality Dividend ETF by 7.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 25,594 shares of the company’s stock valued at $1,425,000 after purchasing an additional 1,722 shares during the period. Ascentis Independent Advisors acquired a new stake in ALPS O’Shares U.S. Quality Dividend ETF in the first quarter worth $850,000. Finally, Allied Private Wealth LLC bought a new stake in ALPS O’Shares U.S. Quality Dividend ETF in the second quarter valued at $120,000.

ALPS O’Shares U.S. Quality Dividend ETF Stock Performance

Shares of OUSA stock traded down $0.24 during trading hours on Friday, hitting $60.22. 8,153 shares of the company were exchanged, compared to its average volume of 27,075. The business’s 50-day simple moving average is $61.12 and its two-hundred day simple moving average is $58.88. ALPS O’Shares U.S. Quality Dividend ETF has a one year low of $54.59 and a one year high of $62.79. The stock has a market capitalization of $738.90 million, a price-to-earnings ratio of 22.27 and a beta of 0.74.

About ALPS O’Shares U.S. Quality Dividend ETF

(Get Free Report)

The ALPS O’Shares U.S. Quality Dividend ETF Shares (OUSA) is an exchange-traded fund that is based on the O’Shares US Quality Dividend index. The fund selects and weights large-cap US stocks based on four factors: high quality, low volatility, high dividend yield, and dividend quality. OUSA was launched on Jul 14, 2015 and is managed by ALPS.

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