ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) Shares Shorted: Short Interest Up 563.5% in October

ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 637 shares, an increase of 563.5% from the September 30th total of 96 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,054 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On ALPS Active Equity Opportunity ETF

A hedge fund recently raised its position in ALPS Active Equity Opportunity ETF stock. Envestnet Asset Management Inc. raised its holdings in ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) by 14.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,571 shares of the company’s stock after buying an additional 1,543 shares during the period. Envestnet Asset Management Inc. owned about 2.92% of ALPS Active Equity Opportunity ETF worth $948,000 as of its most recent SEC filing.

ALPS Active Equity Opportunity ETF Stock Up 0.1%

NYSEARCA RFFC traded up $0.09 on Wednesday, hitting $77.01. 289 shares of the stock were exchanged, compared to its average volume of 1,008. ALPS Active Equity Opportunity ETF has a fifty-two week low of $64.05 and a fifty-two week high of $77.75. The company has a market cap of $30.80 million, a PE ratio of 25.00 and a beta of 0.94. The company has a 50-day moving average price of $76.80 and a 200-day moving average price of $73.01.

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.