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

ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) saw a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 340 shares, a drop of 99.2% from the October 15th total of 42,006 shares. Based on an average daily volume of 2,570 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

ALPS Dynamic Core Income ETF Price Performance

ALPS Dynamic Core Income ETF stock traded down $0.00 during trading hours on Wednesday, reaching $21.71. The stock had a trading volume of 374 shares, compared to its average volume of 3,492. The company has a fifty day simple moving average of $21.66 and a 200-day simple moving average of $22.18. ALPS Dynamic Core Income ETF has a 52 week low of $21.24 and a 52 week high of $22.90.

Hedge Funds Weigh In On ALPS Dynamic Core Income ETF

An institutional investor recently raised its position in ALPS Dynamic Core Income ETF stock. Envestnet Asset Management Inc. lifted its stake in ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) by 5.2% in the 2nd 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 period. Envestnet Asset Management Inc. owned 20.84% of ALPS Dynamic Core Income ETF worth $3,019,000 at the end of the most recent reporting period.

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.