Global Infrastructure Active ETF (NASDAQ:RIFR) Short Interest Update

Global Infrastructure Active ETF (NASDAQ:RIFR) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 29,453 shares, an increase of 89.4% from the June 15th total of 15,547 shares. Currently, 2.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,793 shares, the short-interest ratio is presently 4.3 days.

Global Infrastructure Active ETF Price Performance

Shares of RIFR stock traded up $0.21 during mid-day trading on Thursday, hitting $29.06. The company had a trading volume of 3,456 shares, compared to its average volume of 5,515. The stock’s 50 day moving average price is $28.49 and its 200-day moving average price is $27.95. Global Infrastructure Active ETF has a 52-week low of $25.03 and a 52-week high of $29.27.

Institutional Trading of Global Infrastructure Active ETF

A number of institutional investors and hedge funds have recently bought and sold shares of RIFR. Flow Traders U.S. LLC purchased a new stake in Global Infrastructure Active ETF in the 2nd quarter worth $427,000. Jane Street Group LLC purchased a new position in shares of Global Infrastructure Active ETF during the second quarter valued at about $588,000. Benjamin Edwards Inc. bought a new stake in shares of Global Infrastructure Active ETF in the second quarter worth about $270,000. Citadel Advisors LLC bought a new stake in shares of Global Infrastructure Active ETF in the third quarter worth about $354,000. Finally, Truist Financial Corp lifted its position in shares of Global Infrastructure Active ETF by 3.6% in the fourth quarter. Truist Financial Corp now owns 11,325 shares of the company’s stock worth $292,000 after buying an additional 392 shares in the last quarter.

Global Infrastructure Active ETF Company Profile

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.