ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) Short Interest Update

ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 533 shares, a growth of 363.5% from the January 15th total of 115 shares. Based on an average daily trading volume, of 1,234 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 1,234 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On ALPS Active Equity Opportunity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Elevated Capital Advisors LLC bought a new stake in ALPS Active Equity Opportunity ETF in the 4th quarter worth about $163,000. Main Street Financial Solutions LLC bought a new position in ALPS Active Equity Opportunity ETF in the 2nd quarter worth about $308,000. Arsenal Capital Advisors LLC purchased a new position in ALPS Active Equity Opportunity ETF during the fourth quarter valued at approximately $450,000. Envestnet Asset Management Inc. grew its position in shares of ALPS Active Equity Opportunity ETF by 10.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 11,057 shares of the company’s stock valued at $710,000 after purchasing an additional 1,016 shares in the last quarter. Finally, Alps Advisors Inc. increased its stake in ALPS Active Equity Opportunity ETF by 7.6% in the 4th quarter. Alps Advisors Inc. now owns 165,685 shares of the company’s stock worth $11,112,000 after acquiring an additional 11,730 shares during the last quarter.

ALPS Active Equity Opportunity ETF Price Performance

NYSEARCA:RFFC traded down $0.61 during trading hours on Friday, reaching $70.00. 1,006 shares of the company were exchanged, compared to its average volume of 924. ALPS Active Equity Opportunity ETF has a 1-year low of $49.26 and a 1-year high of $70.80. The business has a 50 day moving average of $68.44 and a 200 day moving average of $65.52. The company has a market capitalization of $28.00 million, a P/E ratio of 25.00 and a beta of 0.96.

ALPS Active Equity Opportunity ETF Company Profile

The RiverFront Dynamic US Flex-Cap ETF (RFFC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of US stocks selected on the basis of multiple factors such as value, quality, and momentum. RFFC was launched on Jun 7, 2016 and is managed by RiverFront.