ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) Stock Short Interest Declines 98.0%

ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 8 shares, a decrease of 98.0% from the August 31st total of 400 shares. Based on an average trading volume of 3,694 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On ALPS Dynamic Core Income ETF

An institutional investor recently raised its position in ALPS Dynamic Core Income ETF stock. Envestnet Asset Management Inc. boosted its holdings in shares of ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) by 5.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 135,482 shares of the company’s stock after buying an additional 6,689 shares during the quarter. Envestnet Asset Management Inc. owned approximately 20.84% of ALPS Dynamic Core Income ETF worth $3,019,000 at the end of the most recent quarter.

ALPS Dynamic Core Income ETF Trading Down 0.5%

NYSEARCA:RFCI traded down $0.10 on Thursday, hitting $21.49. The stock had a trading volume of 1,231 shares, compared to its average volume of 2,437. The business’s 50-day simple moving average is $21.96 and its two-hundred day simple moving average is $22.21. ALPS Dynamic Core Income ETF has a 52-week low of $21.49 and a 52-week high of $23.04.

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.