ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) Short Interest Update

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

ALPS Dynamic US Dividend Advantage ETF Stock Performance

ALPS Dynamic US Dividend Advantage ETF stock traded down $0.27 during trading on Monday, hitting $72.88. The company’s stock had a trading volume of 2,996 shares, compared to its average volume of 3,065. The stock’s fifty day moving average is $72.70 and its 200 day moving average is $68.97. ALPS Dynamic US Dividend Advantage ETF has a 1-year low of $61.13 and a 1-year high of $74.21. The stock has a market capitalization of $89.64 million, a price-to-earnings ratio of 18.60 and a beta of 0.87.

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.