Short Interest in ALPS REIT Dividend Dogs ETF (NYSEARCA:RDOG) Expands By 641.9%

ALPS REIT Dividend Dogs ETF (NYSEARCA:RDOG) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 920 shares, an increase of 641.9% from the April 15th total of 124 shares. Based on an average daily volume of 3,451 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ALPS REIT Dividend Dogs ETF stock. Good Steward Wealth Advisors LLC lifted its holdings in ALPS REIT Dividend Dogs ETF (NYSEARCA:RDOG) by 40.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,727 shares of the company’s stock after acquiring an additional 33,028 shares during the quarter. ALPS REIT Dividend Dogs ETF makes up approximately 2.9% of Good Steward Wealth Advisors LLC’s holdings, making the stock its 11th largest holding. Good Steward Wealth Advisors LLC owned about 32.78% of ALPS REIT Dividend Dogs ETF worth $4,186,000 at the end of the most recent quarter. Institutional investors and hedge funds own 8.83% of the company’s stock.

ALPS REIT Dividend Dogs ETF Stock Performance

Shares of RDOG stock traded down $0.26 during trading hours on Wednesday, hitting $39.52. The company had a trading volume of 291 shares, compared to its average volume of 1,519. The firm has a market capitalization of $11.07 million, a price-to-earnings ratio of 24.17 and a beta of 0.99. ALPS REIT Dividend Dogs ETF has a 12 month low of $34.51 and a 12 month high of $40.13. The firm’s fifty day moving average is $37.72 and its 200 day moving average is $37.10.

About ALPS REIT Dividend Dogs ETF

COHEN & STEERS is a manager of income-oriented equity portfolios specializing in U.S. and international real estate securities, large cap value stocks, utilities and listed infrastructure securities, and preferred securities. The company also offers private alternative investment strategies, such as hedged real estate securities portfolios and real estate funds of funds. Headquartered in New York City, with offices in Brussels, Hong Kong, London and Seattle, Cohen & Steers serves individual and institutional investors through a broad range of investment vehicles.