Global Infrastructure Active ETF (NASDAQ:RIFR) Short Interest Up 21.5% in February

Global Infrastructure Active ETF (NASDAQ:RIFR) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 12,517 shares, a growth of 21.5% from the January 29th total of 10,306 shares. Based on an average daily volume of 4,697 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.0% of the shares of the company are sold short. Approximately 1.0% of the shares of the company are sold short. Based on an average daily volume of 4,697 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Trading of Global Infrastructure Active ETF

A number of institutional investors and hedge funds have recently made changes to their positions in RIFR. Benjamin Edwards Inc. acquired a new position in Global Infrastructure Active ETF during the second quarter valued at approximately $270,000. Truist Financial Corp increased its stake in shares of Global Infrastructure Active ETF by 3.6% in the 4th quarter. Truist Financial Corp now owns 11,325 shares of the company’s stock valued at $292,000 after purchasing an additional 392 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Global Infrastructure Active ETF during the 4th quarter worth $322,000. Citadel Advisors LLC bought a new stake in shares of Global Infrastructure Active ETF during the 3rd quarter worth $354,000. Finally, Rothschild Investment LLC bought a new stake in shares of Global Infrastructure Active ETF during the 4th quarter worth $389,000.

Global Infrastructure Active ETF Stock Performance

RIFR opened at $29.02 on Thursday. The business has a fifty day simple moving average of $27.08 and a 200 day simple moving average of $26.30. Global Infrastructure Active ETF has a 1 year low of $24.13 and a 1 year high of $29.27.

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.

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.