ALPS Active REIT ETF (NASDAQ:REIT – Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 5,900 shares, a growth of 637.5% from the May 31st total of 800 shares. Based on an average daily trading volume, of 5,700 shares, the days-to-cover ratio is currently 1.0 days.
ALPS Active REIT ETF Trading Up 1.4 %
Shares of NASDAQ:REIT traded up $0.35 on Friday, reaching $25.43. 7,807 shares of the company’s stock were exchanged, compared to its average volume of 6,516. The company has a fifty day moving average of $24.85 and a 200-day moving average of $25.30. ALPS Active REIT ETF has a twelve month low of $21.10 and a twelve month high of $26.77. The company has a market capitalization of $24.67 million, a price-to-earnings ratio of 29.33 and a beta of 1.01.
ALPS Active REIT ETF Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Thursday, June 20th were issued a $0.2167 dividend. This represents a $0.87 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date of this dividend was Thursday, June 20th.
Institutional Investors Weigh In On ALPS Active REIT ETF
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.
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