Rareview Dynamic Fixed Income ETF (BATS:RDFI) Sees Significant Increase in Short Interest

Rareview Dynamic Fixed Income ETF (BATS:RDFIGet Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 22,859 shares, a growth of 303.9% from the July 15th total of 5,660 shares. Based on an average trading volume of 12,850 shares, the short-interest ratio is presently 1.8 days. Approximately 1.1% of the company’s stock are sold short.

Rareview Dynamic Fixed Income ETF Stock Down 0.1%

Shares of BATS RDFI opened at $23.41 on Thursday. The firm has a market cap of $49.40 million, a PE ratio of 22.64 and a beta of 0.50. The company’s fifty day simple moving average is $23.46 and its 200 day simple moving average is $23.65. Rareview Dynamic Fixed Income ETF has a 12-month low of $22.51 and a 12-month high of $25.61.

About Rareview Dynamic Fixed Income ETF

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The Rareview Dynamic Fixed Income ETF (RDFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that actively selects a broad array of global fixed income closed-end funds. RDFI was launched on Oct 21, 2020 and is managed by Rareview Funds.

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