Global Infrastructure Active ETF (NASDAQ:RIFR) Shares Shorted: Short Interest Down 41.5% in October

Global Infrastructure Active ETF (NASDAQ:RIFR) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 1,416 shares, a decline of 41.5% from the September 30th total of 2,422 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 3,833 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Global Infrastructure Active ETF

Large investors have recently made changes to their positions in the company. Cetera Investment Advisers boosted its stake in Global Infrastructure Active ETF by 14.3% during the first quarter. Cetera Investment Advisers now owns 196,100 shares of the company’s stock valued at $5,495,000 after buying an additional 24,604 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Global Infrastructure Active ETF by 7.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 573,006 shares of the company’s stock worth $16,324,000 after acquiring an additional 39,684 shares during the last quarter. Arkadios Wealth Advisors increased its stake in Global Infrastructure Active ETF by 28.9% in the 1st quarter. Arkadios Wealth Advisors now owns 346,731 shares of the company’s stock worth $9,716,000 after acquiring an additional 77,824 shares during the last quarter. Finally, Baird Financial Group Inc. increased its stake in Global Infrastructure Active ETF by 31.8% in the 2nd quarter. Baird Financial Group Inc. now owns 60,491 shares of the company’s stock worth $1,723,000 after acquiring an additional 14,592 shares during the last quarter.

Global Infrastructure Active ETF Stock Up 0.6%

RIFR stock traded up $0.17 during mid-day trading on Friday, hitting $29.35. The company had a trading volume of 3,605 shares, compared to its average volume of 5,157. Global Infrastructure Active ETF has a 12-month low of $25.49 and a 12-month high of $29.44. The company has a 50-day moving average price of $27.95 and a 200 day moving average price of $28.19.

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.