Rareview Dynamic Fixed Income ETF (BATS:RDFI) Short Interest Down 77.0% in April

Rareview Dynamic Fixed Income ETF (BATS:RDFI) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 12,848 shares, a decline of 77.0% from the April 15th total of 55,850 shares. Based on an average daily volume of 14,940 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.6% of the company’s stock are short sold.

Rareview Dynamic Fixed Income ETF Price Performance

Shares of Rareview Dynamic Fixed Income ETF stock opened at $23.54 on Wednesday. Rareview Dynamic Fixed Income ETF has a 12 month low of $22.29 and a 12 month high of $25.61. The stock has a market cap of $49.67 million, a PE ratio of 22.64 and a beta of 0.50. The business has a fifty day simple moving average of $23.50 and a 200-day simple moving average of $23.87.

Hedge Funds Weigh In On Rareview Dynamic Fixed Income ETF

An institutional investor recently bought a new position in Rareview Dynamic Fixed Income ETF stock. Noble Wealth Management PBC bought a new stake in Rareview Dynamic Fixed Income ETF (BATS:RDFI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 7,847 shares of the company’s stock, valued at approximately $188,000. Noble Wealth Management PBC owned 0.37% of Rareview Dynamic Fixed Income ETF at the end of the most recent reporting period.

Rareview Dynamic Fixed Income ETF Company Profile

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.