Rareview Systematic Equity ETF (BATS:RSEE) Shares Shorted: Short Interest Down 77.7% in September

Rareview Systematic Equity ETF (BATS:RSEE) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 7,453 shares, a decline of 77.7% from the August 31st total of 33,462 shares. Based on an average daily trading volume, of 24,667 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Investors Weigh In On Rareview Systematic Equity ETF

A hedge fund recently raised its position in Rareview Systematic Equity ETF stock. Janney Montgomery Scott LLC lifted its holdings in shares of Rareview Systematic Equity ETF (BATS:RSEE) by 34.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,854 shares of the company’s stock after purchasing an additional 14,698 shares during the quarter. Janney Montgomery Scott LLC owned 3.21% of Rareview Systematic Equity ETF worth $1,889,000 at the end of the most recent quarter.

Rareview Systematic Equity ETF Stock Up 0.8%

RSEE opened at $39.45 on Friday. The stock has a market cap of $71.01 million, a P/E ratio of 21.27 and a beta of 0.69. Rareview Systematic Equity ETF has a 12 month low of $31.83 and a 12 month high of $40.38. The company has a fifty day simple moving average of $39.07 and a 200 day simple moving average of $37.76.

About Rareview Systematic Equity ETF

The Rareview Systematic Equity ETF (RSEE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that employs a long\u002Fshort systematic strategy to provide exposure to global equity markets. RSEE was launched on Jan 20, 2022 and is managed by Rareview Funds.