Rareview Total Return Bond ETF (BATS:RTRE) Stock Short Interest Drops 99.9%

Rareview Total Return Bond ETF (BATS:RTRE) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 5 shares, a decline of 99.9% from the August 31st total of 7,550 shares. Based on an average daily volume of 18,544 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Rareview Total Return Bond ETF Price Performance

BATS:RTRE traded down $0.14 during trading hours on Thursday, reaching $23.73. 408 shares of the company traded hands, compared to its average volume of 13,237. The firm’s 50-day moving average is $24.44 and its 200-day moving average is $24.78. Rareview Total Return Bond ETF has a 1-year low of $23.73 and a 1-year high of $25.79.

Rareview Total Return Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, August 4th were given a dividend of $0.1006 per share. The ex-dividend date was Tuesday, August 4th. This represents a $1.21 dividend on an annualized basis and a yield of 5.1%. This is a drop from Rareview Total Return Bond ETF’s previous monthly dividend of $0.1010.

Rareview Total Return Bond ETF Company Profile

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.