ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) Sees Large Decline in Short Interest

ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDAGet Free Report) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 143 shares, a decrease of 44.6% from the July 30th total of 258 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 11,624 shares, the days-to-cover ratio is currently 0.0 days.

ALPS Dynamic US Dividend Advantage ETF Trading Down 0.2%

RFDA traded down $0.16 during trading on Friday, hitting $73.63. The company’s stock had a trading volume of 1,236 shares, compared to its average volume of 3,130. ALPS Dynamic US Dividend Advantage ETF has a twelve month low of $60.56 and a twelve month high of $74.21. The business’s fifty day simple moving average is $72.05 and its 200 day simple moving average is $68.30. The firm has a market capitalization of $90.56 million, a price-to-earnings ratio of 18.60 and a beta of 0.87.

ALPS Dynamic US Dividend Advantage ETF Company Profile

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The RiverFront Dynamic US Dividend Advantage ETF (RFDA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that invests in US-domiciled companies with higher dividend yields than their peers within the same sector, among other factors. RFDA was launched on Jun 7, 2016 and is managed by RiverFront.

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