ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) Shares Shorted: Short Interest Down 99.2% in October

ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) was the recipient of a large decline in short interest in October. As of October 30th, there was short interest totaling 340 shares, a decline of 99.2% from the October 15th total of 42,006 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 2,570 shares, the days-to-cover ratio is currently 0.1 days.

ALPS Dynamic Core Income ETF Trading Down 0.6%

NYSEARCA:RFCI traded down $0.13 during midday trading on Thursday, reaching $21.59. 6,582 shares of the stock traded hands, compared to its average volume of 3,508. ALPS Dynamic Core Income ETF has a 12-month low of $21.24 and a 12-month high of $22.90. The business has a 50-day moving average of $21.65 and a two-hundred day moving average of $22.18.

Hedge Funds Weigh In On ALPS Dynamic Core Income ETF

A hedge fund recently raised its stake in ALPS Dynamic Core Income ETF stock. Envestnet Asset Management Inc. lifted its holdings in ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) by 5.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,482 shares of the company’s stock after purchasing an additional 6,689 shares during the quarter. Envestnet Asset Management Inc. owned about 20.84% of ALPS Dynamic Core Income ETF worth $3,019,000 as of its most recent SEC filing.

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.