ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) Sees Large Increase in Short Interest

ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 138 shares, a growth of 1,625.0% from the September 15th total of 8 shares. Based on an average daily trading volume, of 6,657 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On ALPS Dynamic Core Income ETF

A hedge fund recently raised its position in ALPS Dynamic Core Income ETF stock. Envestnet Asset Management Inc. boosted its stake in ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) by 5.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 135,482 shares of the company’s stock after buying an additional 6,689 shares during the period. Envestnet Asset Management Inc. owned 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 Stock Up 0.2%

ALPS Dynamic Core Income ETF stock traded up $0.04 during mid-day trading on Friday, hitting $21.49. 8,564 shares of the company’s stock traded hands, compared to its average volume of 3,449. The firm has a 50 day moving average price of $21.82 and a 200 day moving average price of $22.13. ALPS Dynamic Core Income ETF has a one year low of $21.24 and a one year high of $23.04.

About ALPS Dynamic Core Income ETF

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.