Global X Interest Rate Volatility & Inflation Hedge ETF (NYSEARCA:IRVH) Sees Significant Increase in Short Interest

Global X Interest Rate Volatility & Inflation Hedge ETF (NYSEARCA:IRVH) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 653 shares, a growth of 247.3% from the January 15th total of 188 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 439 shares, the short-interest ratio is currently 1.5 days. Based on an average trading volume of 439 shares, the short-interest ratio is currently 1.5 days. Approximately 0.9% of the company’s stock are short sold.

Global X Interest Rate Volatility & Inflation Hedge ETF Stock Performance

Shares of NYSEARCA:IRVH remained flat at $20.44 during midday trading on Friday. 1,435 shares of the company were exchanged, compared to its average volume of 1,118. Global X Interest Rate Volatility & Inflation Hedge ETF has a fifty-two week low of $19.99 and a fifty-two week high of $21.92. The company’s 50 day simple moving average is $20.48 and its two-hundred day simple moving average is $20.84.

Global X Interest Rate Volatility & Inflation Hedge ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.05 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 2.9%.

About Global X Interest Rate Volatility & Inflation Hedge ETF

The Global X Interest Rate Volatility & Inflation Hedge ETF (IRVH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide a hedge against inflation and interest rate risks. The fund holds US TIPS and over-the-counter interest rate options. IRVH was launched on Jul 5, 2022 and is managed by Global X.