ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) Sees Large Increase in Short Interest

ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 3,712 shares, a growth of 1,626.5% from the July 15th total of 215 shares. Based on an average daily volume of 4,443 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.5% of the company’s stock are sold short.

ALPS Dynamic Core Income ETF Price Performance

Shares of RFCI stock opened at $22.06 on Wednesday. ALPS Dynamic Core Income ETF has a fifty-two week low of $21.95 and a fifty-two week high of $23.04. The stock’s 50-day moving average is $22.20 and its two-hundred day moving average is $22.40.

ALPS Dynamic Core Income ETF Company Profile

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.