ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) Shares Shorted: Short Interest Down 96.6% in September

ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 10 shares, a drop of 96.6% from the August 31st total of 290 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,124 shares, the short-interest ratio is presently 0.0 days.

ALPS Dynamic US Dividend Advantage ETF Trading Up 0.2%

RFDA stock traded up $0.12 during trading on Friday, reaching $71.61. 1,626 shares of the stock were exchanged, compared to its average volume of 3,024. The firm’s 50 day moving average is $72.86 and its 200 day moving average is $69.48. ALPS Dynamic US Dividend Advantage ETF has a twelve month low of $61.13 and a twelve month high of $74.21. The firm has a market cap of $78.77 million, a P/E 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.