Global X Interest Rate Volatility & Inflation Hedge ETF (NYSEARCA:IRVH) Short Interest Down 20.3% in January

Global X Interest Rate Volatility & Inflation Hedge ETF (NYSEARCA:IRVH) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 188 shares, a decline of 20.3% from the December 31st total of 236 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 317 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 317 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are sold short.

Global X Interest Rate Volatility & Inflation Hedge ETF Stock Performance

Shares of NYSEARCA IRVH traded up $0.03 during midday trading on Tuesday, reaching $20.33. 2,773 shares of the company were exchanged, compared to its average volume of 858. Global X Interest Rate Volatility & Inflation Hedge ETF has a 1 year low of $19.93 and a 1 year high of $21.92. The stock has a fifty day simple moving average of $20.55 and a 200 day simple moving average of $20.88.

Global X Interest Rate Volatility & Inflation Hedge ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be issued a dividend of $0.05 per share. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Monday, February 2nd.

Global X Interest Rate Volatility & Inflation Hedge ETF Company Profile

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.