Rareview Systematic Equity ETF (BATS:RSEE) Shares Shorted: Short Interest Down 77.7% in September

Rareview Systematic Equity ETF (BATS:RSEE) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 7,453 shares, a drop of 77.7% from the August 31st total of 33,462 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 24,667 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Rareview Systematic Equity ETF

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

Rareview Systematic Equity ETF Stock Performance

Shares of RSEE opened at $39.45 on Friday. Rareview Systematic Equity ETF has a twelve month low of $31.83 and a twelve month high of $40.38. The firm’s 50 day moving average price is $39.07 and its two-hundred day moving average price is $37.76. The firm has a market cap of $71.01 million, a P/E ratio of 21.27 and a beta of 0.69.

Rareview Systematic Equity ETF Company Profile

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.