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 during the month of March. As of March 13th, there was short interest totaling 413 shares, a decrease of 24.8% from the February 26th total of 549 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 4,509 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of ALPS Disruptive Technologies ETF

Several hedge funds have recently modified their holdings of DTEC. Cetera Investment Advisers grew its holdings in ALPS Disruptive Technologies ETF by 2.9% in 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. increased its position in 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 stake in ALPS Disruptive Technologies ETF by 10.3% during the 3rd quarter. Bank of America Corp DE now owns 56,644 shares of the company’s stock worth $2,897,000 after buying an additional 5,273 shares during the period. Wedbush Securities Inc. boosted its holdings in ALPS Disruptive Technologies ETF by 3.0% in the third quarter. Wedbush Securities Inc. now owns 11,853 shares of the company’s stock worth $606,000 after acquiring an additional 343 shares in the last quarter. Finally, Scott Marsh Financial LLC acquired a new stake in ALPS Disruptive Technologies ETF in the second quarter valued at approximately $509,000.

ALPS Disruptive Technologies ETF Stock Performance

Shares of DTEC stock traded up $0.48 during mid-day trading on Tuesday, hitting $42.51. The company’s stock had a trading volume of 204 shares, compared to its average volume of 5,378. ALPS Disruptive Technologies ETF has a 52 week low of $37.11 and a 52 week high of $52.97. The company’s fifty day simple moving average is $45.74 and its 200-day simple moving average is $48.55. The company has a market cap of $70.99 million, a PE ratio of 29.18 and a beta of 1.16.

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.