ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) Short Interest Update

ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 143 shares, a drop of 44.6% from the July 30th total of 258 shares. Based on an average trading volume of 11,624 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

ALPS Dynamic US Dividend Advantage ETF Price Performance

Shares of ALPS Dynamic US Dividend Advantage ETF stock traded down $0.24 during midday trading on Tuesday, reaching $73.07. The company had a trading volume of 243 shares, compared to its average volume of 3,097. The stock has a fifty day moving average price of $72.12 and a 200 day moving average price of $68.38. ALPS Dynamic US Dividend Advantage ETF has a fifty-two week low of $60.56 and a fifty-two week high of $74.21. The firm has a market cap of $89.88 million, a PE ratio of 18.60 and a beta of 0.87.

ALPS Dynamic US Dividend Advantage ETF Company Profile

The RiverFront Dynamic US Dividend Advantage ETF (RFDA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that invests in US-domiciled companies with higher dividend yields than their peers within the same sector, among other factors. RFDA was launched on Jun 7, 2016 and is managed by RiverFront.