ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) Short Interest Update

ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 909 shares, an increase of 126.1% from the April 15th total of 402 shares. Based on an average daily volume of 3,617 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

ALPS Dynamic US Dividend Advantage ETF Trading Down 1.0%

NYSEARCA:RFDA opened at $68.38 on Friday. ALPS Dynamic US Dividend Advantage ETF has a twelve month low of $53.45 and a twelve month high of $69.32. The company has a market cap of $84.11 million, a price-to-earnings ratio of 18.60 and a beta of 0.89. The stock has a fifty day simple moving average of $65.17 and a 200-day simple moving average of $64.30.

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.