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

ALPS Disruptive Technologies ETF (NYSEARCA:DTECGet Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 757 shares, a growth of 138.1% from the June 30th total of 318 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 4,345 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On ALPS Disruptive Technologies ETF

Large investors have recently made changes to their positions in the company. Lodestone Wealth Management LLC acquired a new position in ALPS Disruptive Technologies ETF in the fourth quarter valued at about $25,000. JPMorgan Chase & Co. bought a new stake in ALPS Disruptive Technologies ETF during the 3rd quarter worth approximately $110,000. Lido Advisors LLC acquired a new stake in ALPS Disruptive Technologies ETF during the 3rd quarter valued at $205,000. Creative Planning bought a new position in ALPS Disruptive Technologies ETF in the 3rd quarter valued at $227,000. Finally, Western Wealth Management LLC lifted its position in shares of ALPS Disruptive Technologies ETF by 7.0% during the first quarter. Western Wealth Management LLC now owns 5,735 shares of the company’s stock worth $248,000 after purchasing an additional 377 shares in the last quarter.

ALPS Disruptive Technologies ETF Price Performance

Shares of ALPS Disruptive Technologies ETF stock traded up $0.06 during trading on Thursday, hitting $49.37. 2,937 shares of the company’s stock traded hands, compared to its average volume of 5,656. The firm’s fifty day moving average price is $48.40 and its 200 day moving average price is $46.81. The company has a market cap of $71.59 million, a PE ratio of 29.18 and a beta of 1.14. ALPS Disruptive Technologies ETF has a twelve month low of $41.99 and a twelve month high of $52.97.

About ALPS Disruptive Technologies ETF

(Get Free Report)

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.

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