Rareview Dynamic Fixed Income ETF (BATS:RDFI) Short Interest Up 303.9% in July

Rareview Dynamic Fixed Income ETF (BATS:RDFI) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 22,859 shares, a growth of 303.9% from the July 15th total of 5,660 shares. Based on an average daily volume of 12,850 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.1% of the shares of the stock are short sold.

Rareview Dynamic Fixed Income ETF Price Performance

BATS:RDFI opened at $23.42 on Friday. The firm has a 50 day simple moving average of $23.47 and a 200-day simple moving average of $23.64. The firm has a market cap of $49.42 million, a PE ratio of 22.64 and a beta of 0.50. Rareview Dynamic Fixed Income ETF has a 1-year low of $22.51 and a 1-year high of $25.61.

Rareview Dynamic Fixed Income ETF Company Profile

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.