ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) Short Interest Down 38.4% in July

ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 258 shares, a decrease of 38.4% from the July 15th total of 419 shares. Based on an average trading volume of 1,972 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

ALPS Dynamic US Dividend Advantage ETF Trading Up 0.1%

RFDA stock traded up $0.09 during mid-day trading on Wednesday, hitting $73.94. The stock had a trading volume of 203 shares, compared to its average volume of 3,188. The company has a fifty day moving average of $71.45 and a 200 day moving average of $67.81. ALPS Dynamic US Dividend Advantage ETF has a 1-year low of $59.60 and a 1-year high of $74.08. The stock has a market capitalization of $90.95 million, a price-to-earnings ratio of 18.60 and a beta of 0.87.

About ALPS Dynamic US Dividend Advantage ETF

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.