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

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

ALPS Active Equity Opportunity ETF Stock Performance

Shares of RFFC traded down $0.61 during trading hours on Friday, hitting $70.00. The stock had a trading volume of 1,006 shares, compared to its average volume of 924. ALPS Active Equity Opportunity ETF has a 12-month low of $49.26 and a 12-month high of $70.80. The company’s fifty day simple moving average is $68.44 and its 200 day simple moving average is $65.52. The firm has a market cap of $28.00 million, a P/E ratio of 25.00 and a beta of 0.96.

Institutional Investors Weigh In On ALPS Active Equity Opportunity ETF

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

About ALPS Active Equity Opportunity ETF

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.