Rareview Dynamic Fixed Income ETF (BATS:RDFI) Stock Short Interest Report for October

Rareview Dynamic Fixed Income ETF (BATS:RDFI) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 570 shares, a decline of 85.3% from the September 30th total of 3,878 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 33,081 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Rareview Dynamic Fixed Income ETF stock. Noble Wealth Management PBC grew its holdings in shares of Rareview Dynamic Fixed Income ETF (BATS:RDFI) by 272.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,353 shares of the company’s stock after purchasing an additional 25,125 shares during the quarter. Noble Wealth Management PBC owned about 1.63% of Rareview Dynamic Fixed Income ETF worth $745,000 as of its most recent filing with the Securities and Exchange Commission.

Rareview Dynamic Fixed Income ETF Stock Performance

BATS:RDFI opened at $21.61 on Thursday. The stock’s 50 day moving average price is $22.21 and its 200 day moving average price is $23.30. Rareview Dynamic Fixed Income ETF has a 52 week low of $21.18 and a 52 week high of $25.61. The company has a market capitalization of $45.60 million, a P/E ratio of 22.64 and a beta of 0.50.

Rareview Dynamic Fixed Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 5th. Shareholders of record on Friday, October 2nd were given a $0.1601 dividend. This is a positive change from Rareview Dynamic Fixed Income ETF’s previous monthly dividend of $0.1595. This represents a $1.92 annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend was Friday, October 2nd.

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.