Global Infrastructure Active ETF (NASDAQ:RIFR) Sees Large Decrease in Short Interest

Global Infrastructure Active ETF (NASDAQ:RIFR) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,594 shares, a decrease of 87.7% from the July 15th total of 12,988 shares. Based on an average trading volume of 4,396 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Global Infrastructure Active ETF Price Performance

RIFR stock traded up $0.15 during midday trading on Wednesday, reaching $28.73. The stock had a trading volume of 2,446 shares, compared to its average volume of 5,298. The business has a fifty day simple moving average of $28.69 and a two-hundred day simple moving average of $28.35. Global Infrastructure Active ETF has a twelve month low of $25.07 and a twelve month high of $29.30.

Hedge Funds Weigh In On Global Infrastructure Active ETF

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

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.