ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) Short Interest Down 24.8% in January

ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 115 shares, a drop of 24.8% from the December 31st total of 153 shares. Based on an average trading volume of 328 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 328 shares, the days-to-cover ratio is currently 0.4 days.

ALPS Active Equity Opportunity ETF Trading Down 0.1%

ALPS Active Equity Opportunity ETF stock traded down $0.07 during mid-day trading on Tuesday, hitting $69.76. The company’s stock had a trading volume of 721 shares, compared to its average volume of 768. The stock’s fifty day moving average is $67.91 and its two-hundred day moving average is $65.10. The firm has a market capitalization of $27.90 million, a PE ratio of 25.00 and a beta of 0.96. ALPS Active Equity Opportunity ETF has a 1 year low of $49.26 and a 1 year high of $70.50.

Institutional Trading of ALPS Active Equity Opportunity ETF

Hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its holdings in shares of ALPS Active Equity Opportunity ETF by 10.1% in the third 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. Main Street Financial Solutions LLC acquired a new stake in ALPS Active Equity Opportunity ETF during the 2nd quarter worth approximately $308,000. Finally, Elevated Capital Advisors LLC purchased a new position in ALPS Active Equity Opportunity ETF in the 4th quarter valued at approximately $163,000.

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.