Rareview Dynamic Fixed Income ETF (BATS:RDFI) Sees Large Increase in Short Interest

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

Rareview Dynamic Fixed Income ETF Trading Up 0.2%

Shares of BATS RDFI opened at $23.45 on Friday. Rareview Dynamic Fixed Income ETF has a 12-month low of $22.51 and a 12-month high of $25.61. The firm has a market capitalization of $49.48 million, a price-to-earnings ratio of 22.64 and a beta of 0.50. The firm has a 50 day moving average of $23.46 and a 200 day moving average of $23.64.

About Rareview Dynamic Fixed Income ETF

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.