ALPS Active REIT ETF (NASDAQ:REIT) Short Interest Up 250.0% in December

ALPS Active REIT ETF (NASDAQ:REIT) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 23,100 shares, a growth of 250.0% from the November 30th total of 6,600 shares. Based on an average daily volume of 11,800 shares, the short-interest ratio is currently 2.0 days.

ALPS Active REIT ETF Price Performance

Shares of NASDAQ:REIT traded down $0.36 during midday trading on Friday, reaching $27.15. The company’s stock had a trading volume of 20,536 shares, compared to its average volume of 8,895. The business’s fifty day simple moving average is $28.60 and its 200-day simple moving average is $27.79. ALPS Active REIT ETF has a fifty-two week low of $23.61 and a fifty-two week high of $30.26. The company has a market capitalization of $37.20 million, a P/E ratio of 29.33 and a beta of 1.01.

ALPS Active REIT ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Thursday, December 19th were paid a $0.1895 dividend. The ex-dividend date was Thursday, December 19th.

Hedge Funds Weigh In On ALPS Active REIT ETF

An institutional investor recently raised its position in ALPS Active REIT ETF stock. Ellsworth Advisors LLC boosted its position in ALPS Active REIT ETF (NASDAQ:REIT) by 3.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 115,948 shares of the company’s stock after acquiring an additional 3,641 shares during the period. Ellsworth Advisors LLC owned 8.46% of ALPS Active REIT ETF worth $3,383,000 at the end of the most recent quarter.

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.