Short Interest in ALPS Active REIT ETF (NASDAQ:REIT) Rises By 21.3%

ALPS Active REIT ETF (NASDAQ:REIT) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 4,667 shares, an increase of 21.3% from the January 15th total of 3,848 shares. Based on an average trading volume of 8,278 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 8,278 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On ALPS Active REIT ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. bought a new stake in shares of ALPS Active REIT ETF in the first quarter worth about $413,000. Envestnet Asset Management Inc. grew its position in shares of ALPS Active REIT ETF by 96.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 16,688 shares of the company’s stock worth $439,000 after buying an additional 8,196 shares during the last quarter. Ellsworth Advisors LLC increased its stake in shares of ALPS Active REIT ETF by 6.2% during the third quarter. Ellsworth Advisors LLC now owns 138,735 shares of the company’s stock valued at $3,702,000 after buying an additional 8,066 shares during the period. Advisor OS LLC increased its stake in shares of ALPS Active REIT ETF by 21.4% during the third quarter. Advisor OS LLC now owns 12,193 shares of the company’s stock valued at $327,000 after buying an additional 2,151 shares during the period. Finally, Arete Wealth Advisors LLC raised its holdings in shares of ALPS Active REIT ETF by 13.1% during the third quarter. Arete Wealth Advisors LLC now owns 44,394 shares of the company’s stock valued at $1,187,000 after acquiring an additional 5,127 shares in the last quarter.

ALPS Active REIT ETF Trading Up 0.5%

Shares of NASDAQ:REIT traded up $0.14 during trading on Tuesday, reaching $28.82. 6,234 shares of the company traded hands, compared to its average volume of 10,007. ALPS Active REIT ETF has a 52-week low of $23.40 and a 52-week high of $28.89. The firm has a market capitalization of $48.42 million, a price-to-earnings ratio of 35.67 and a beta of 0.99. The business’s fifty day moving average is $26.82 and its 200-day moving average is $26.65.

About ALPS Active REIT ETF

The ALPS Active REIT ETF (REIT) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed ETF that provides exposure to publicly traded equity securities of US REITs. REIT was launched on Feb 25, 2021 and is issued by SS&C.