ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC – Get Free Report) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 533 shares, a growth of 363.5% from the January 15th total of 115 shares. Based on an average trading volume of 1,234 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,234 shares, the days-to-cover ratio is presently 0.4 days.
ALPS Active Equity Opportunity ETF Stock Performance
NYSEARCA:RFFC opened at $70.27 on Wednesday. The stock has a market capitalization of $28.11 million, a PE ratio of 25.00 and a beta of 0.96. ALPS Active Equity Opportunity ETF has a fifty-two week low of $49.26 and a fifty-two week high of $70.62. The company has a fifty day moving average of $68.31 and a two-hundred day moving average of $65.46.
Institutional Investors Weigh In On ALPS Active Equity Opportunity ETF
Several institutional investors have recently bought and sold shares of the company. Elevated Capital Advisors LLC acquired a new position in shares of ALPS Active Equity Opportunity ETF during the fourth quarter valued at approximately $163,000. Envestnet Asset Management Inc. increased its position in shares of ALPS Active Equity Opportunity ETF by 10.1% during the third quarter. Envestnet Asset Management Inc. now owns 11,057 shares of the company’s stock worth $710,000 after purchasing an additional 1,016 shares in the last quarter. Finally, Main Street Financial Solutions LLC purchased a new stake in shares of ALPS Active Equity Opportunity ETF during the second quarter worth approximately $308,000.
ALPS Active Equity Opportunity ETF Company Profile
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.
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