ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) Stock Short Interest Falls 99.2%

ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 340 shares, a drop of 99.2% from the October 15th total of 42,006 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 2,570 shares, the short-interest ratio is presently 0.1 days.

ALPS Dynamic Core Income ETF Stock Performance

RFCI stock traded down $0.12 during mid-day trading on Tuesday, hitting $21.71. The company had a trading volume of 1,816 shares, compared to its average volume of 3,508. ALPS Dynamic Core Income ETF has a 12 month low of $21.24 and a 12 month high of $22.90. The stock’s fifty day moving average price is $21.66 and its two-hundred day moving average price is $22.18.

Institutional Investors Weigh In On ALPS Dynamic Core Income ETF

A hedge fund recently raised its stake in ALPS Dynamic Core Income ETF stock. Envestnet Asset Management Inc. boosted its position in ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) by 5.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 135,482 shares of the company’s stock after purchasing an additional 6,689 shares during the period. Envestnet Asset Management Inc. owned about 20.84% of ALPS Dynamic Core Income ETF worth $3,019,000 as of its most recent SEC filing.

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.