Short Interest in RiverFront Dynamic Core Income ETF (NYSEARCA:RFCI) Declines By 55.7%

RiverFront Dynamic Core Income ETF (NYSEARCA:RFCI) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 74 shares, a decline of 55.7% from the January 29th total of 167 shares. Based on an average daily volume of 595 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 595 shares, the days-to-cover ratio is currently 0.1 days.

RiverFront Dynamic Core Income ETF Stock Up 0.1%

NYSEARCA RFCI traded up $0.03 during mid-day trading on Friday, hitting $22.87. The stock had a trading volume of 1,501 shares, compared to its average volume of 1,529. The firm’s 50 day moving average is $22.71 and its 200 day moving average is $22.75. RiverFront Dynamic Core Income ETF has a twelve month low of $21.85 and a twelve month high of $23.04.

RiverFront Dynamic Core Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 24th. Stockholders of record on Thursday, February 19th were paid a $0.0769 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Thursday, February 19th.

About RiverFront 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.