ALPS Active REIT ETF (NASDAQ:REIT) Short Interest Update

ALPS Active REIT ETF (NASDAQ:REIT) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 23,100 shares, an increase 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 presently 2.0 days.

Institutional Trading of ALPS Active REIT ETF

An institutional investor recently bought a new position in ALPS Active REIT ETF stock. Arete Wealth Advisors LLC purchased a new stake in shares of ALPS Active REIT ETF (NASDAQ:REIT) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 22,737 shares of the company’s stock, valued at approximately $658,000. Arete Wealth Advisors LLC owned 1.66% of ALPS Active REIT ETF at the end of the most recent reporting period.

ALPS Active REIT ETF Stock Performance

Shares of REIT stock traded up $0.06 during mid-day trading on Thursday, hitting $27.50. The company’s stock had a trading volume of 9,107 shares, compared to its average volume of 8,803. The stock has a market cap of $37.68 million, a price-to-earnings ratio of 29.33 and a beta of 1.01. ALPS Active REIT ETF has a 52-week low of $23.61 and a 52-week high of $30.26. The business has a 50-day moving average price of $28.63 and a 200 day moving average price of $27.79.

ALPS Active REIT ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, December 26th. Shareholders of record on Thursday, December 19th will be paid a dividend of $0.1895 per share. The ex-dividend date of this dividend is Thursday, December 19th.

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.