Rareview Dynamic Fixed Income ETF (BATS:RDFI) Short Interest Up 100.5% in June

Rareview Dynamic Fixed Income ETF (BATS:RDFI) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 35,822 shares, a growth of 100.5% from the June 15th total of 17,864 shares. Currently, 1.7% of the shares of the company are sold short. Based on an average daily volume of 13,165 shares, the short-interest ratio is currently 2.7 days.

Rareview Dynamic Fixed Income ETF Stock Down 0.1%

Shares of BATS:RDFI opened at $23.65 on Friday. Rareview Dynamic Fixed Income ETF has a 52-week low of $22.51 and a 52-week high of $25.61. The stock has a market cap of $49.90 million, a price-to-earnings ratio of 22.64 and a beta of 0.50. The business has a 50-day moving average price of $23.46 and a 200-day moving average price of $23.72.

Hedge Funds Weigh In On Rareview Dynamic Fixed Income ETF

A hedge fund recently bought a new stake in Rareview Dynamic Fixed Income ETF stock. Noble Wealth Management PBC acquired a new stake in shares of Rareview Dynamic Fixed Income ETF (BATS:RDFI) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 7,847 shares of the company’s stock, valued at approximately $188,000. Noble Wealth Management PBC owned 0.37% of Rareview Dynamic Fixed Income ETF at the end of the most recent quarter.

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.