Short Interest in ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) Decreases By 44.6%

ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 143 shares, a decline 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 currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

ALPS Dynamic US Dividend Advantage ETF Stock Down 0.4%

Shares of RFDA traded down $0.32 during trading hours on Monday, reaching $73.31. The company’s stock had a trading volume of 645 shares, compared to its average volume of 3,115. The firm has a market cap of $90.17 million, a price-to-earnings ratio of 18.60 and a beta of 0.87. ALPS Dynamic US Dividend Advantage ETF has a 1-year low of $60.56 and a 1-year high of $74.21. The company has a 50 day moving average of $72.12 and a two-hundred day moving average of $68.38.

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.