Rareview Total Return Bond ETF (BATS:RTRE) Sees Large Growth in Short Interest

Rareview Total Return Bond ETF (BATS:RTRE) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 7,550 shares, an increase of 676.7% from the August 15th total of 972 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 3,105 shares, the short-interest ratio is presently 2.4 days.

Rareview Total Return Bond ETF Stock Performance

RTRE stock opened at $24.11 on Friday. Rareview Total Return Bond ETF has a 1-year low of $24.07 and a 1-year high of $25.79. The business has a fifty day moving average price of $24.55 and a 200-day moving average price of $24.87.

Rareview Total Return Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, August 4th were given a $0.1006 dividend. The ex-dividend date of this dividend was Tuesday, August 4th. This represents a c) dividend on an annualized basis and a yield of 5.0%.

About Rareview Total Return Bond ETF

The Rareview Total Return Bond ETF (RTRE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing in a diversified portfolio of fixed income securities with varying maturities and credit quality. The fund has the flexibility to invest in foreign debt securities, including those from emerging markets RTRE was launched on May 31, 2024 and is issued by Rareview Funds.