Short Interest in Rareview Dynamic Fixed Income ETF (BATS:RDFI) Decreases By 84.2%

Rareview Dynamic Fixed Income ETF (BATS:RDFI) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 5,660 shares, a decline of 84.2% from the June 30th total of 35,822 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 18,092 shares, the days-to-cover ratio is currently 0.3 days.

Rareview Dynamic Fixed Income ETF Stock Performance

BATS RDFI opened at $23.27 on Friday. The business’s 50 day moving average price is $23.46 and its 200-day moving average price is $23.71. Rareview Dynamic Fixed Income ETF has a fifty-two week low of $22.51 and a fifty-two week high of $25.61. The company has a market cap of $49.10 million, a P/E ratio of 22.64 and a beta of 0.50.

About Rareview Dynamic Fixed Income ETF

The Rareview Dynamic Fixed Income ETF (RDFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that actively selects a broad array of global fixed income closed-end funds. RDFI was launched on Oct 21, 2020 and is managed by Rareview Funds.