ALPS Active REIT ETF (NASDAQ:REIT) Short Interest Up 625.0% in March

ALPS Active REIT ETF (NASDAQ:REIT) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 2,900 shares, an increase of 625.0% from the February 29th total of 400 shares. Based on an average trading volume of 7,300 shares, the short-interest ratio is presently 0.4 days.

ALPS Active REIT ETF Price Performance

REIT stock traded up $0.23 during mid-day trading on Thursday, hitting $25.81. 5,851 shares of the company were exchanged, compared to its average volume of 7,509. ALPS Active REIT ETF has a twelve month low of $21.10 and a twelve month high of $26.77. The firm has a fifty day simple moving average of $25.49 and a 200 day simple moving average of $24.50.

ALPS Active REIT ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.2135 per share. This represents a $0.85 annualized dividend and a yield of 3.31%. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. GTS Securities LLC lifted its position in ALPS Active REIT ETF by 19.8% in the 4th quarter. GTS Securities LLC now owns 11,380 shares of the company’s stock valued at $299,000 after purchasing an additional 1,879 shares during the last quarter. Principal Securities Inc. acquired a new stake in shares of ALPS Active REIT ETF during the fourth quarter worth approximately $28,000. Finally, National Bank of Canada FI lifted its stake in ALPS Active REIT ETF by 34.3% in the fourth quarter. National Bank of Canada FI now owns 2,908 shares of the company’s stock valued at $77,000 after acquiring an additional 743 shares during the last quarter.