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

ALPS Dynamic Core Income ETF (NYSEARCA:RFCIGet Free Report) was the target of a large drop in short interest in 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. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 5,995 shares, the days-to-cover ratio is currently 0.4 days.

ALPS Dynamic Core Income ETF Stock Performance

Shares of NYSEARCA:RFCI traded down $0.09 during trading on Monday, reaching $21.96. The stock had a trading volume of 114 shares, compared to its average volume of 2,257. ALPS Dynamic Core Income ETF has a 52 week low of $21.90 and a 52 week high of $23.04. The business’s 50-day moving average price is $22.13 and its 200 day moving average price is $22.34.

ALPS Dynamic Core Income ETF Company Profile

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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.

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