Short Interest in ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) Rises By 743.3%

ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 1,501 shares, a growth of 743.3% from the March 15th total of 178 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 6,557 shares, the short-interest ratio is presently 0.2 days.

ALPS Dynamic Core Income ETF Trading Down 0.1%

RFCI stock opened at $22.47 on Friday. The business’s fifty day moving average price is $22.59 and its two-hundred day moving average price is $22.70. ALPS Dynamic Core Income ETF has a fifty-two week low of $21.85 and a fifty-two week high of $23.04.

ALPS Dynamic Core Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 24th. Investors of record on Thursday, February 19th were given a $0.0769 dividend. The ex-dividend date was Thursday, February 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.