Short Interest in ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) Decreases By 38.4%

by · The Cerbat Gem

ALPS Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA – Get Free Report) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 258 shares, a decrease of 38.4% from the July 15th total of 419 shares. Based on an average daily volume of 1,972 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

ALPS Dynamic US Dividend Advantage ETF Trading Up 0.2%

RFDA stock traded up $0.12 during trading hours on Tuesday, hitting $73.97. 17,508 shares of the stock were exchanged, compared to its average volume of 3,196. ALPS Dynamic US Dividend Advantage ETF has a 12 month low of $59.60 and a 12 month high of $74.08. The company has a 50-day simple moving average of $71.37 and a two-hundred day simple moving average of $67.74. The firm has a market capitalization of $90.98 million, a P/E ratio of 18.60 and a beta of 0.87.

About ALPS Dynamic US Dividend Advantage ETF

(Get Free Report)

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.

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