RiverNorth Active Income ETF (BATS:CEFZ) Sees Significant Growth in Short Interest

RiverNorth Active Income ETF (BATS:CEFZ) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 11,296 shares, an increase of 105.4% from the September 30th total of 5,500 shares. Based on an average daily volume of 10,831 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the company’s stock are short sold.

RiverNorth Active Income ETF Stock Down 1.4%

CEFZ opened at $7.82 on Friday. RiverNorth Active Income ETF has a fifty-two week low of $7.57 and a fifty-two week high of $8.70. The business has a 50-day moving average of $8.00 and a 200-day moving average of $8.15.