Global Infrastructure Active ETF (NASDAQ:RIFR) Short Interest Up 57.9% in December

Global Infrastructure Active ETF (NASDAQ:RIFR) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 17,430 shares, an increase of 57.9% from the November 30th total of 11,042 shares. Approximately 2.2% of the company’s shares are sold short. Based on an average trading volume of 28,212 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 28,212 shares, the days-to-cover ratio is presently 0.6 days. Approximately 2.2% of the company’s shares are sold short.

Global Infrastructure Active ETF Trading Up 0.2%

RIFR stock opened at $25.93 on Wednesday. Global Infrastructure Active ETF has a twelve month low of $24.13 and a twelve month high of $26.55. The business’s fifty day simple moving average is $26.00 and its two-hundred day simple moving average is $25.68.

Global Infrastructure Active ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, December 19th. Investors of record on Wednesday, December 17th were paid a $0.2518 dividend. This represents a yield of 98.0%. The ex-dividend date of this dividend was Wednesday, December 17th.

Institutional Investors Weigh In On Global Infrastructure Active ETF

Several large investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. purchased a new position in shares of Global Infrastructure Active ETF during the second quarter worth approximately $7,345,000. Cetera Investment Advisers bought a new position in Global Infrastructure Active ETF in the second quarter worth approximately $2,179,000. Jane Street Group LLC bought a new position in Global Infrastructure Active ETF in the second quarter worth approximately $588,000. Flow Traders U.S. LLC purchased a new position in Global Infrastructure Active ETF during the 2nd quarter worth $427,000. Finally, Citadel Advisors LLC bought a new stake in Global Infrastructure Active ETF during the 3rd quarter valued at $354,000.

About Global Infrastructure Active ETF

Russell Investments Exchange Traded Funds – Global Infrastructure Active ETF is an open-end equity mutual fund launched and managed by Russell Investment Management, LLC . The fund is co-managed by Cohen & Steers Capital Management, Inc, Cohen & Steers UK Limited, Cohen & Steers Asia Limited and First Sentier Investors (Australia) IM Ltd. It invests in public equity markets of global region. The fund invests directly and through other funds in stocks of companies operating across ownership or operation of infrastructure assets, such as the physical structures, networks and systems of transportation, energy, water and sewage, medical facilities, government facilities and communication assets sectors.