Rareview Systematic Equity ETF (BATS:RSEE – Get Free Report) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 23,260 shares, an increase of 212.1% from the September 15th total of 7,453 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily volume of 5,227 shares, the short-interest ratio is currently 4.4 days.
Rareview Systematic Equity ETF Trading Down 0.1%
Shares of RSEE stock opened at $39.15 on Wednesday. Rareview Systematic Equity ETF has a twelve month low of $31.83 and a twelve month high of $40.38. The stock has a market capitalization of $70.47 million, a price-to-earnings ratio of 21.27 and a beta of 0.69. The stock has a fifty day simple moving average of $39.32 and a two-hundred day simple moving average of $38.24.
Hedge Funds Weigh In On Rareview Systematic Equity ETF
Several institutional investors have recently made changes to their positions in RSEE. Janney Montgomery Scott LLC raised its holdings in shares of Rareview Systematic Equity ETF by 34.1% in the first quarter. Janney Montgomery Scott LLC now owns 57,854 shares of the company’s stock valued at $1,889,000 after acquiring an additional 14,698 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Rareview Systematic Equity ETF in the first quarter worth about $266,000. Finally, Farther Finance Advisors LLC lifted its stake in Rareview Systematic Equity ETF by 691.7% in the third quarter. Farther Finance Advisors LLC now owns 3,254 shares of the company’s stock worth $126,000 after acquiring an additional 2,843 shares during the period.
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.
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