Short Interest in ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) Rises By 102.8%

ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 290 shares, a growth of 102.8% from the August 15th total of 143 shares. Based on an average daily trading volume, of 3,318 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

ALPS Dynamic US Dividend Advantage ETF Stock Down 0.4%

Shares of RFDA stock traded down $0.27 on Monday, reaching $72.88. 2,996 shares of the stock were exchanged, compared to its average volume of 3,065. The stock has a market cap of $89.64 million, a P/E ratio of 18.60 and a beta of 0.87. The firm has a 50 day moving average of $72.70 and a two-hundred day moving average of $68.97. ALPS Dynamic US Dividend Advantage ETF has a 1-year low of $61.13 and a 1-year high of $74.21.

About ALPS Dynamic US Dividend Advantage ETF

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.