ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Sees Significant Decline in Short Interest

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 357 shares, a decrease of 65.5% from the April 15th total of 1,035 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,902 shares, the short-interest ratio is currently 0.1 days.

ALPS Disruptive Technologies ETF Stock Up 0.4%

NYSEARCA:DTEC traded up $0.17 on Friday, hitting $46.78. The stock had a trading volume of 6,146 shares, compared to its average volume of 5,310. The business’s fifty day moving average is $44.98 and its 200 day moving average is $47.22. The company has a market cap of $70.17 million, a PE ratio of 29.18 and a beta of 1.13. ALPS Disruptive Technologies ETF has a 52 week low of $41.99 and a 52 week high of $52.97.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Lodestone Wealth Management LLC bought a new position in shares of ALPS Disruptive Technologies ETF in the fourth quarter valued at approximately $25,000. Global Retirement Partners LLC bought a new position in shares of ALPS Disruptive Technologies ETF in the third quarter valued at approximately $51,000. JPMorgan Chase & Co. bought a new position in shares of ALPS Disruptive Technologies ETF in the third quarter valued at approximately $110,000. Lido Advisors LLC bought a new position in shares of ALPS Disruptive Technologies ETF in the third quarter valued at approximately $205,000. Finally, Creative Planning bought a new position in shares of ALPS Disruptive Technologies ETF in the third quarter valued at approximately $227,000.

ALPS Disruptive Technologies ETF Company Profile

The ALPS Disruptive Technologies ETF (DTEC) is an exchange-traded fund that is based on the Indxx Disruptive Technologies index. The fund tracks an index of 100 global companies that are involved in disruptive technologies across 10 themes. DTEC was launched on Dec 29, 2017 and is managed by ALPS.