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

ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) saw a significant decline in short interest in April. As of April 15th, there was short interest totaling 271 shares, a decline of 62.4% from the March 31st total of 721 shares. Based on an average daily volume of 482 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the company’s stock are sold short.

ALPS Active Equity Opportunity ETF Stock Performance

Shares of NYSEARCA RFFC traded up $0.47 during mid-day trading on Friday, hitting $71.67. 25 shares of the stock traded hands, compared to its average volume of 726. ALPS Active Equity Opportunity ETF has a 52 week low of $54.27 and a 52 week high of $71.83. The company has a market cap of $28.67 million, a price-to-earnings ratio of 25.00 and a beta of 0.96. The stock has a fifty day moving average price of $68.91 and a 200-day moving average price of $67.75.

Institutional Investors Weigh In On ALPS Active Equity Opportunity ETF

Several hedge funds have recently made changes to their positions in RFFC. Alps Advisors Inc. boosted its position 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 valued at $11,112,000 after purchasing an additional 11,730 shares in the last quarter. Arsenal Capital Advisors LLC bought a new stake in shares of ALPS Active Equity Opportunity ETF during the fourth quarter valued at approximately $450,000. Main Street Financial Solutions LLC bought a new stake in shares of ALPS Active Equity Opportunity ETF during the second quarter valued at approximately $308,000. Elevated Capital Advisors LLC bought a new stake in shares of ALPS Active Equity Opportunity ETF during the fourth quarter valued at approximately $163,000. Finally, Envestnet Asset Management Inc. boosted 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 valued at $710,000 after purchasing an additional 1,016 shares in the last quarter.

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.