Rareview Systematic Equity ETF (BATS:RSEE) Sees Significant Increase in Short Interest

Rareview Systematic Equity ETF (BATS:RSEE) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 12,232 shares, a growth of 63.5% from the July 15th total of 7,482 shares. Based on an average daily volume of 7,338 shares, the short-interest ratio is presently 1.7 days. Currently, 0.7% of the company’s shares are sold short.

Rareview Systematic Equity ETF Price Performance

BATS:RSEE opened at $39.34 on Wednesday. The company’s 50-day moving average is $38.95 and its two-hundred day moving average is $37.08. Rareview Systematic Equity ETF has a 1-year low of $31.10 and a 1-year high of $40.38. The firm has a market capitalization of $70.81 million, a price-to-earnings ratio of 21.27 and a beta of 0.69.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Rareview Systematic Equity ETF stock. Janney Montgomery Scott LLC boosted its holdings in shares of Rareview Systematic Equity ETF (BATS:RSEE) by 34.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,854 shares of the company’s stock after acquiring an additional 14,698 shares during the quarter. Janney Montgomery Scott LLC owned about 3.21% of Rareview Systematic Equity ETF worth $1,889,000 at the end of the most recent quarter.

About Rareview Systematic Equity ETF

The Rareview Systematic Equity ETF (RSEE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that employs a long\u002Fshort systematic strategy to provide exposure to global equity markets. RSEE was launched on Jan 20, 2022 and is managed by Rareview Funds.