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

ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) was the target of a significant growth in short interest during 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 presently 1.4 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,184 shares, the short-interest ratio is presently 1.4 days.

ALPS Active Equity Opportunity ETF Price Performance

Shares of ALPS Active Equity Opportunity ETF stock traded down $0.56 on Thursday, reaching $70.26. 643 shares of the company traded hands, compared to its average volume of 863. ALPS Active Equity Opportunity ETF has a 52 week low of $49.26 and a 52 week high of $71.28. The company has a 50 day moving average of $69.10 and a 200 day moving average of $66.11. The firm has a market capitalization of $28.10 million, a PE ratio of 25.00 and a beta of 0.96.

Institutional Trading of ALPS Active Equity Opportunity ETF

Large investors have recently bought and sold shares of the company. Elevated Capital Advisors LLC purchased a new position in shares of ALPS Active Equity Opportunity ETF during the 4th quarter valued at $163,000. Main Street Financial Solutions LLC purchased a new stake in ALPS Active Equity Opportunity ETF in the 2nd quarter worth about $308,000. Arsenal Capital Advisors LLC bought a new stake in ALPS Active Equity Opportunity ETF in the 4th quarter valued at about $450,000. Envestnet Asset Management Inc. raised its stake 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 valued at $710,000 after acquiring an additional 1,016 shares during the period. Finally, Alps Advisors Inc. lifted its holdings in ALPS Active Equity Opportunity ETF by 7.6% during the fourth quarter. Alps Advisors Inc. now owns 165,685 shares of the company’s stock valued at $11,112,000 after purchasing an additional 11,730 shares during the last quarter.

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.