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

ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 3,712 shares, an increase of 1,626.5% from the July 15th total of 215 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 4,443 shares, the days-to-cover ratio is currently 0.8 days.

ALPS Dynamic Core Income ETF Price Performance

Shares of NYSEARCA RFCI opened at $22.06 on Thursday. ALPS Dynamic Core Income ETF has a one year low of $21.95 and a one year high of $23.04. The stock’s fifty day moving average price is $22.20 and its two-hundred day moving average price is $22.39.

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.