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

Global X Interest Rate Volatility & Inflation Hedge ETF (NYSEARCA:IRVH) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 29 shares, a decrease of 72.1% from the July 15th total of 104 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 27 shares, the days-to-cover ratio is presently 1.1 days.

Global X Interest Rate Volatility & Inflation Hedge ETF Stock Performance

NYSEARCA IRVH traded down $0.06 during midday trading on Friday, hitting $19.09. The company had a trading volume of 13 shares, compared to its average volume of 409. The firm has a fifty day simple moving average of $19.24 and a two-hundred day simple moving average of $19.74. Global X Interest Rate Volatility & Inflation Hedge ETF has a fifty-two week low of $18.83 and a fifty-two week high of $21.47.

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.