ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) Stock Short Interest Drops 96.6%

ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 10 shares, a decline of 96.6% from the August 31st total of 290 shares. Based on an average trading volume of 2,124 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

ALPS Dynamic US Dividend Advantage ETF Price Performance

Shares of ALPS Dynamic US Dividend Advantage ETF stock traded up $0.31 on Friday, hitting $71.80. 14,651 shares of the company’s stock traded hands, compared to its average volume of 3,094. ALPS Dynamic US Dividend Advantage ETF has a one year low of $61.13 and a one year high of $74.21. The stock has a market capitalization of $78.98 million, a PE ratio of 18.60 and a beta of 0.87. The firm’s 50-day moving average price is $72.87 and its two-hundred day moving average price is $69.49.

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.