Short Interest in ALPS Active REIT ETF (NASDAQ:REIT) Decreases By 85.1%

ALPS Active REIT ETF (NASDAQ:REITGet Rating) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totalling 1,000 shares, a drop of 85.1% from the April 15th total of 6,700 shares. Based on an average daily volume of 5,700 shares, the short-interest ratio is currently 0.2 days.

A hedge fund recently bought a new stake in ALPS Active REIT ETF stock. Parallel Advisors LLC acquired a new stake in shares of ALPS Active REIT ETF (NASDAQ:REITGet Rating) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,372 shares of the company’s stock, valued at approximately $102,000. Parallel Advisors LLC owned 0.51% of ALPS Active REIT ETF at the end of the most recent reporting period.

Shares of REIT stock traded down $0.28 on Wednesday, hitting $26.21. 4,144 shares of the stock traded hands, compared to its average volume of 7,740. ALPS Active REIT ETF has a 52 week low of $26.13 and a 52 week high of $32.38.

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