ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) Short Interest Up 201.9% in February

ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 1,609 shares, a growth of 201.9% from the January 29th total of 533 shares. Based on an average daily trading volume, of 1,184 shares, the short-interest ratio is currently 1.4 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 1,184 shares, the short-interest ratio is currently 1.4 days.

Institutional Investors Weigh In On ALPS Active Equity Opportunity ETF

A number of large investors have recently added to or reduced their stakes in the stock. 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 position in ALPS Active Equity Opportunity ETF in the 2nd quarter valued at $308,000. Arsenal Capital Advisors LLC acquired a new position in ALPS Active Equity Opportunity ETF in the 4th quarter valued at $450,000. Envestnet Asset Management Inc. raised its holdings in 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 worth $710,000 after acquiring an additional 1,016 shares during the period. Finally, Alps Advisors Inc. lifted its position in ALPS Active Equity Opportunity ETF by 7.6% during the 4th quarter. Alps Advisors Inc. now owns 165,685 shares of the company’s stock worth $11,112,000 after acquiring an additional 11,730 shares during the last quarter.

ALPS Active Equity Opportunity ETF Stock Performance

Shares of RFFC traded down $0.25 during midday trading on Friday, hitting $70.44. 460 shares of the stock traded hands, compared to its average volume of 835. The firm has a market capitalization of $28.18 million, a PE ratio of 25.00 and a beta of 0.96. The business’s 50 day moving average price is $69.26 and its two-hundred day moving average price is $66.21. ALPS Active Equity Opportunity ETF has a 1-year low of $49.26 and a 1-year high of $71.28.

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.