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

ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 96 shares, a drop of 67.0% from the September 15th total of 291 shares. Based on an average daily trading volume, of 1,689 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On ALPS Active Equity Opportunity ETF

A hedge fund recently bought a new stake in ALPS Active Equity Opportunity ETF stock. Tenzing Financial LLC bought a new stake in ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,885 shares of the company’s stock, valued at approximately $218,000. Tenzing Financial LLC owned 0.72% of ALPS Active Equity Opportunity ETF as of its most recent SEC filing.

ALPS Active Equity Opportunity ETF Trading Up 0.1%

RFFC traded up $0.06 on Monday, hitting $77.61. 807 shares of the stock traded hands, compared to its average volume of 1,052. ALPS Active Equity Opportunity ETF has a 52 week low of $63.27 and a 52 week high of $77.75. The firm has a market capitalization of $31.04 million, a PE ratio of 25.00 and a beta of 0.94. The business has a fifty day moving average price of $76.79 and a two-hundred day moving average price of $74.03.

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.