Short Interest in ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) Drops By 40.2%

ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 2,221 shares, a drop of 40.2% from the July 30th total of 3,712 shares. Based on an average daily trading volume, of 5,995 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the company’s shares are short sold.

ALPS Dynamic Core Income ETF Price Performance

ALPS Dynamic Core Income ETF stock traded down $0.05 during midday trading on Tuesday, reaching $21.93. The stock had a trading volume of 201 shares, compared to its average volume of 2,235. ALPS Dynamic Core Income ETF has a twelve month low of $21.90 and a twelve month high of $23.04. The stock’s 50-day simple moving average is $22.12 and its 200 day simple moving average is $22.34.

ALPS Dynamic Core Income ETF Company Profile

The RiverFront Dynamic Core Income ETF (RFCI) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed portfolio with broad latitude to invest in various fixed income securities in almost any sector, maturity or credit quality, targeting total return with a five-year investment timeline. RFCI was launched on Jun 14, 2016 and is managed by RiverFront.