Short Interest in Global Infrastructure Active ETF (NASDAQ:RIFR) Rises By 158.0%

Global Infrastructure Active ETF (NASDAQ:RIFR) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 4,112 shares, a growth of 158.0% from the July 30th total of 1,594 shares. Based on an average trading volume of 3,550 shares, the short-interest ratio is presently 1.2 days. Approximately 0.3% of the company’s stock are sold short.

Global Infrastructure Active ETF Stock Performance

RIFR opened at $28.83 on Friday. Global Infrastructure Active ETF has a 52 week low of $25.07 and a 52 week high of $29.34. The business has a 50 day moving average of $28.81 and a 200-day moving average of $28.54.

Hedge Funds Weigh In On Global Infrastructure Active ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Benjamin Edwards Inc. bought a new stake in shares of Global Infrastructure Active ETF during the 2nd quarter valued at $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 worth $292,000 after acquiring an additional 392 shares in the last quarter. Jane Street Group LLC purchased a new position in Global Infrastructure Active ETF during the 4th quarter valued at about $322,000. Citadel Advisors LLC purchased a new position in Global Infrastructure Active ETF during the 3rd quarter valued at about $354,000. Finally, Rothschild Investment LLC bought a new stake in Global Infrastructure Active ETF during the fourth quarter worth about $389,000.

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.