ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Short Interest Update

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 300 shares, a decrease of 60.4% from the July 15th total of 757 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,093 shares, the days-to-cover ratio is presently 0.1 days.

ALPS Disruptive Technologies ETF Trading Down 0.7%

NYSEARCA DTEC traded down $0.35 during midday trading on Friday, hitting $53.40. The company had a trading volume of 938 shares, compared to its average volume of 5,629. The company has a market capitalization of $77.43 million, a PE ratio of 29.18 and a beta of 1.14. The firm has a 50-day moving average price of $48.94 and a 200-day moving average price of $47.04. ALPS Disruptive Technologies ETF has a twelve month low of $41.99 and a twelve month high of $53.78.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Cetera Investment Advisers lifted its position in ALPS Disruptive Technologies ETF by 2.9% during the fourth quarter. Cetera Investment Advisers now owns 127,549 shares of the company’s stock worth $6,196,000 after purchasing an additional 3,574 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of ALPS Disruptive Technologies ETF by 28,696.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 69,400 shares of the company’s stock valued at $3,372,000 after buying an additional 69,159 shares in the last quarter. Bank of America Corp DE raised its position in shares of ALPS Disruptive Technologies ETF by 10.3% in the 3rd quarter. Bank of America Corp DE now owns 56,644 shares of the company’s stock valued at $2,897,000 after buying an additional 5,273 shares in the last quarter. Scott Marsh Financial LLC bought a new stake in shares of ALPS Disruptive Technologies ETF during the 2nd quarter worth approximately $509,000. Finally, Jane Street Group LLC bought a new stake in shares of ALPS Disruptive Technologies ETF during the 2nd quarter worth approximately $492,000.

About ALPS Disruptive Technologies ETF

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.