RiverFront Strategic Income Fund (NYSEARCA:RIGS) Short Interest Update

RiverFront Strategic Income Fund (NYSEARCA:RIGS) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 2,413 shares, a growth of 72.1% from the May 31st total of 1,402 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 8,192 shares, the days-to-cover ratio is presently 0.3 days.

RiverFront Strategic Income Fund Trading Down 0.0%

NYSEARCA RIGS opened at $22.74 on Friday. The company has a fifty day moving average price of $22.78 and a 200-day moving average price of $22.96. RiverFront Strategic Income Fund has a 1 year low of $20.62 and a 1 year high of $24.32.

Institutional Investors Weigh In On RiverFront Strategic Income Fund

An institutional investor recently bought a new position in RiverFront Strategic Income Fund stock. Claris Financial LLC acquired a new stake in RiverFront Strategic Income Fund (NYSEARCA:RIGS) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 20,862 shares of the company’s stock, valued at approximately $481,000. Claris Financial LLC owned about 0.68% of RiverFront Strategic Income Fund as of its most recent filing with the SEC.

RiverFront Strategic Income Fund Company Profile

The RiverFront Strategic Income Fund (RIGS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed global fixed-income portfolio that invests in various types of fixed-income securities without currency limitation. RIGS was launched on Oct 9, 2013 and is managed by RiverFront.