ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) Stock Short Interest Jumps 30,339.1%

ALPS Dynamic Core Income ETF (NYSEARCA:RFCI – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 42,006 shares, an increase of 30,339.1% from the September 30th total of 138 shares. Currently, 7.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 19,006 shares, the short-interest ratio is presently 2.2 days.

Institutional Trading of ALPS Dynamic Core Income ETF

A hedge fund recently raised its position in ALPS Dynamic Core Income ETF stock. Envestnet Asset Management Inc. raised its stake in shares of ALPS Dynamic Core Income ETF (NYSEARCA:RFCI – Free Report) by 5.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 135,482 shares of the company’s stock after purchasing an additional 6,689 shares during the period. Envestnet Asset Management Inc. owned 20.84% of ALPS Dynamic Core Income ETF worth $3,019,000 as of its most recent filing with the Securities & Exchange Commission.

ALPS Dynamic Core Income ETF Price Performance

Shares of RFCI stock traded up $0.02 during mid-day trading on Monday, hitting $21.67. The company had a trading volume of 583 shares, compared to its average volume of 3,437. ALPS Dynamic Core Income ETF has a 52-week low of $21.24 and a 52-week high of $22.95. The stock’s 50 day moving average price is $21.72 and its 200-day moving average price is $22.08.

ALPS Dynamic Core Income ETF Company Profile

(Get Free Report)

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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