ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Short Interest Update

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 37,922 shares, a growth of 63.5% from the August 15th total of 23,199 shares. Based on an average daily volume of 17,866 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

Large investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc grew its holdings in shares of ALPS Sector Dividend Dogs ETF by 3.9% in the second quarter. IFP Advisors Inc now owns 61,107 shares of the company’s stock worth $4,169,000 after acquiring an additional 2,318 shares during the period. Sterling Investment Advisors Ltd. purchased a new stake in ALPS Sector Dividend Dogs ETF in the 2nd quarter worth approximately $8,818,000. Allworth Financial LP increased its stake in shares of ALPS Sector Dividend Dogs ETF by 11.6% in the second quarter. Allworth Financial LP now owns 5,601 shares of the company’s stock worth $382,000 after purchasing an additional 580 shares in the last quarter. Compass Financial Management LLC purchased a new stake in ALPS Sector Dividend Dogs ETF in the 2nd quarter worth $28,000. Finally, A. D. Beadell Investment Counsel Inc. purchased a new stake in shares of ALPS Sector Dividend Dogs ETF during the second quarter worth about $1,128,000.

ALPS Sector Dividend Dogs ETF Stock Down 0.3%

Shares of SDOG opened at $71.05 on Friday. The firm has a 50 day moving average of $72.41 and a 200 day moving average of $68.76. ALPS Sector Dividend Dogs ETF has a twelve month low of $57.70 and a twelve month high of $74.73. The company has a market capitalization of $1.40 billion, a P/E ratio of 15.06 and a beta of 0.70.

About ALPS Sector Dividend Dogs ETF

The ALPS Sector Dividend Dogs ETF (SDOG) is an exchange-traded fund that is based on the S-Network Sector Dividend Dogs index. The fund tracks an equal-weighted index of the five highest-yielding S&P 500 securities in each sector. SDOG was launched on Jun 29, 2012 and is managed by ALPS.