RiverFront Strategic Income Fund (NYSEARCA:RIGS) Short Interest Down 35.7% in March

Posted by Defense World Staff on Mar 30th, 2026

RiverFront Strategic Income Fund (NYSEARCA:RIGS – Get Free Report) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 1,235 shares, a decline of 35.7% from the February 26th total of 1,920 shares. Based on an average daily trading volume, of 5,678 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On RiverFront Strategic Income Fund

An institutional investor recently raised its position in RiverFront Strategic Income Fund stock. Janney Montgomery Scott LLC boosted its holdings in shares of RiverFront Strategic Income Fund (NYSEARCA:RIGS – Free Report) by 15.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,828 shares of the company’s stock after purchasing an additional 6,253 shares during the quarter. Janney Montgomery Scott LLC owned approximately 1.54% of RiverFront Strategic Income Fund worth $1,079,000 at the end of the most recent quarter.

RiverFront Strategic Income Fund Price Performance

NYSEARCA:RIGS opened at $22.66 on Monday. The firm has a 50-day moving average of $23.07 and a two-hundred day moving average of $23.15. RiverFront Strategic Income Fund has a 1-year low of $20.62 and a 1-year high of $24.32.

RiverFront Strategic Income Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, March 24th. Investors of record on Thursday, March 19th were paid a $0.0897 dividend. This represents a c) annualized dividend and a dividend yield of 4.8%. This is a positive change from RiverFront Strategic Income Fund’s previous monthly dividend of $0.08. The ex-dividend date was Thursday, March 19th.

RiverFront Strategic Income Fund Company Profile

(Get Free Report)

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.