ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG) Sees Significant Increase in Short Interest
by Michael Walen · The Markets DailyALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG – Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 18,247 shares, an increase of 1,331.1% from the June 30th total of 1,275 shares. Based on an average trading volume of 2,938 shares, the days-to-cover ratio is currently 6.2 days. Approximately 1.5% of the company’s shares are short sold.
ALPS Emerging Sector Dividend Dogs ETF Stock Up 0.1%
NYSEARCA EDOG traded up $0.02 during trading on Friday, reaching $24.06. 1,122 shares of the stock traded hands, compared to its average volume of 3,499. The firm has a market cap of $28.87 million, a price-to-earnings ratio of 11.88 and a beta of 0.55. ALPS Emerging Sector Dividend Dogs ETF has a fifty-two week low of $22.00 and a fifty-two week high of $27.16. The stock’s 50-day moving average price is $24.22 and its 200 day moving average price is $25.11.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in ALPS Emerging Sector Dividend Dogs ETF stock. Flow Traders U.S. LLC acquired a new position in shares of ALPS Emerging Sector Dividend Dogs ETF (NYSEARCA:EDOG – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 18,923 shares of the company’s stock, valued at approximately $436,000. Flow Traders U.S. LLC owned about 1.58% of ALPS Emerging Sector Dividend Dogs ETF at the end of the most recent reporting period.
ALPS Emerging Sector Dividend Dogs ETF Company Profile
The ALPS Emerging Sector Dividend Dogs ETF (EDOG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index that selects five companies with the highest dividend yield in each of the ten GICS sectors excluding real estate. EDOG was launched on Mar 28, 2014 and is managed by ALPS.