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

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

ALPS Active REIT ETF Trading Down 1.4%

NASDAQ:REIT opened at $28.60 on Thursday. The company has a market cap of $48.05 million, a PE ratio of 35.67 and a beta of 0.99. The company has a 50 day simple moving average of $26.92 and a two-hundred day simple moving average of $26.69. ALPS Active REIT ETF has a 12 month low of $23.40 and a 12 month high of $29.01.

Institutional Inflows and Outflows

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

ALPS Active REIT ETF Company Profile

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.