ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) Sees Large Decrease in Short Interest

ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 115 shares, a decrease of 24.8% from the December 31st total of 153 shares. Based on an average daily volume of 328 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 328 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of ALPS Active Equity Opportunity ETF

Several large investors have recently made changes to their positions in RFFC. Main Street Financial Solutions LLC acquired a new position in shares of ALPS Active Equity Opportunity ETF during the 2nd quarter valued at about $308,000. Envestnet Asset Management Inc. increased its holdings in shares of ALPS Active Equity Opportunity ETF by 10.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 11,057 shares of the company’s stock worth $710,000 after buying an additional 1,016 shares during the last quarter. Finally, Elevated Capital Advisors LLC acquired a new stake in shares of ALPS Active Equity Opportunity ETF during the 4th quarter worth approximately $163,000.

ALPS Active Equity Opportunity ETF Price Performance

RFFC stock traded down $0.49 during trading on Tuesday, hitting $70.01. The stock had a trading volume of 690 shares, compared to its average volume of 763. ALPS Active Equity Opportunity ETF has a twelve month low of $49.26 and a twelve month high of $70.50. The company’s 50-day moving average price is $67.91 and its two-hundred day moving average price is $65.10. The stock has a market capitalization of $28.00 million, a P/E ratio of 25.00 and a beta of 0.96.

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.