ALPS Active REIT ETF (NASDAQ:REIT) Short Interest Down 57.9% in February

ALPS Active REIT ETF (NASDAQ:REIT) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 1,964 shares, a drop of 57.9% from the January 29th total of 4,667 shares. Based on an average daily volume of 8,296 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 8,296 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of ALPS Active REIT ETF

Large investors have recently made changes to their positions in the company. Kestra Advisory Services LLC bought a new position in ALPS Active REIT ETF in the fourth quarter valued at approximately $38,000. Arete Wealth Advisors LLC increased its stake in shares of ALPS Active REIT ETF by 7.4% in the 4th quarter. Arete Wealth Advisors LLC now owns 47,671 shares of the company’s stock valued at $1,255,000 after purchasing an additional 3,277 shares during the last quarter. Park Edge Advisors LLC acquired a new position in shares of ALPS Active REIT ETF during the 4th quarter worth $201,000. Ellsworth Advisors LLC lifted its position in shares of ALPS Active REIT ETF by 4.6% during the 4th quarter. Ellsworth Advisors LLC now owns 145,061 shares of the company’s stock worth $3,915,000 after buying an additional 6,326 shares during the last quarter. Finally, Kestra Private Wealth Services LLC lifted its position in shares of ALPS Active REIT ETF by 12.1% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 32,363 shares of the company’s stock worth $867,000 after buying an additional 3,490 shares during the last quarter.

ALPS Active REIT ETF Stock Up 0.4%

REIT stock opened at $29.13 on Friday. ALPS Active REIT ETF has a 52 week low of $23.40 and a 52 week high of $29.16. The business has a 50-day simple moving average of $27.21 and a 200 day simple moving average of $26.80. The company has a market cap of $48.94 million, a PE ratio of 35.67 and a beta of 0.99.

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.