ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) Short Interest Up 39.1% in December

ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 153 shares, an increase of 39.1% from the December 15th total of 110 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 239 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 239 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the company are short sold.

ALPS Active Equity Opportunity ETF Price Performance

NYSEARCA RFFC traded up $0.11 during trading hours on Friday, hitting $69.39. The company’s stock had a trading volume of 5,594 shares, compared to its average volume of 818. ALPS Active Equity Opportunity ETF has a 12 month low of $49.26 and a 12 month high of $69.40. The company’s 50 day simple moving average is $66.97 and its two-hundred day simple moving average is $64.34. The company has a market cap of $27.76 million, a P/E ratio of 25.00 and a beta of 0.96.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ALPS Active Equity Opportunity ETF stock. Envestnet Asset Management Inc. boosted its stake in shares of ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) by 10.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,057 shares of the company’s stock after purchasing an additional 1,016 shares during the period. Envestnet Asset Management Inc. owned about 2.76% of ALPS Active Equity Opportunity ETF worth $710,000 at the end of the most recent reporting period.

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.