ALPS Equal Sector Weight ETF (NYSEARCA:EQL) Short Interest Down 47.2% in December

by · The Cerbat Gem

ALPS Equal Sector Weight ETF (NYSEARCA:EQL – Get Free Report) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 33,337 shares, a decrease of 47.2% from the December 15th total of 63,143 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 60,604 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 60,604 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the stock are short sold.

ALPS Equal Sector Weight ETF Stock Up 0.3%

ALPS Equal Sector Weight ETF stock traded up $0.12 during trading hours on Thursday, hitting $47.87. 181,113 shares of the company traded hands, compared to its average volume of 122,661. ALPS Equal Sector Weight ETF has a 1-year low of $36.66 and a 1-year high of $48.01. The firm has a market cap of $600.77 million, a P/E ratio of 22.84 and a beta of 0.91. The firm’s 50-day simple moving average is $46.46 and its two-hundred day simple moving average is $45.64.

Institutional Investors Weigh In On ALPS Equal Sector Weight ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its stake in ALPS Equal Sector Weight ETF by 20.4% during the 1st quarter. Royal Bank of Canada now owns 11,607 shares of the company’s stock valued at $1,462,000 after purchasing an additional 1,967 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in ALPS Equal Sector Weight ETF by 68.8% during the first quarter. Jones Financial Companies Lllp now owns 2,596 shares of the company’s stock valued at $324,000 after buying an additional 1,058 shares in the last quarter. BostonPremier Wealth LLC grew its holdings in ALPS Equal Sector Weight ETF by 201.3% during the second quarter. BostonPremier Wealth LLC now owns 6,592 shares of the company’s stock worth $289,000 after acquiring an additional 4,404 shares during the period. Janney Montgomery Scott LLC bought a new stake in ALPS Equal Sector Weight ETF in the second quarter worth about $623,000. Finally, HB Wealth Management LLC bought a new stake in ALPS Equal Sector Weight ETF in the second quarter worth about $284,000.

ALPS Equal Sector Weight ETF Company Profile

(Get Free Report)

The ALPS Equal Sector Weight ETF (EQL) is an exchange-traded fund that is based on the NYSE Select Sector Equal Weight index. The fund tracks an equal-weighted index of all select sector SPDR ETFs. EQL was launched on Jul 7, 2009 and is managed by ALPS.

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