ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) Sees Significant Decrease in Short Interest

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

ALPS Active Equity Opportunity ETF Price Performance

RFFC traded up $0.67 on Monday, hitting $70.50. 721 shares of the stock were exchanged, compared to its average volume of 768. ALPS Active Equity Opportunity ETF has a 12 month low of $49.26 and a 12 month high of $70.50. The business has a 50-day moving average of $67.91 and a two-hundred day moving average of $65.10. The firm has a market capitalization of $28.20 million, a price-to-earnings ratio of 25.00 and a beta of 0.96.

Institutional Trading of ALPS Active Equity Opportunity ETF

Large investors have recently made changes to their positions in the company. Elevated Capital Advisors LLC acquired a new position in ALPS Active Equity Opportunity ETF during the fourth quarter valued at approximately $163,000. Main Street Financial Solutions LLC acquired a new stake in shares of ALPS Active Equity Opportunity ETF in the 2nd quarter valued at $308,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of ALPS Active Equity Opportunity ETF by 10.1% in the 3rd 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.

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.