ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) Shares Shorted: Short Interest Down 98.0% in September

ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 8 shares, a drop of 98.0% from the August 31st total of 400 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 3,694 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On ALPS Dynamic Core Income ETF

An institutional investor recently raised its stake in ALPS Dynamic Core Income ETF stock. Envestnet Asset Management Inc. increased its position in ALPS Dynamic Core Income ETF (NYSEARCA:RFCI) by 5.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,482 shares of the company’s stock after buying 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 quarter.

ALPS Dynamic Core Income ETF Stock Performance

NYSEARCA RFCI remained flat at $21.49 on Friday. 8,458 shares of the company’s stock were exchanged, compared to its average volume of 2,469. ALPS Dynamic Core Income ETF has a one year low of $21.40 and a one year high of $23.04. The stock’s 50 day moving average is $21.95 and its 200 day moving average is $22.21.

About ALPS Dynamic Core Income ETF

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.