Global Infrastructure Active ETF (NASDAQ:RIFR) Short Interest Update

Global Infrastructure Active ETF (NASDAQ:RIFR) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 10,306 shares, a decline of 38.0% from the January 15th total of 16,632 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 4,556 shares, the days-to-cover ratio is currently 2.3 days. Based on an average daily trading volume, of 4,556 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.9% of the shares of the company are short sold.

Global Infrastructure Active ETF Price Performance

Shares of RIFR traded up $0.45 during trading hours on Friday, hitting $28.81. The company’s stock had a trading volume of 9,332 shares, compared to its average volume of 4,778. The business has a 50 day simple moving average of $26.29 and a two-hundred day simple moving average of $26.00. Global Infrastructure Active ETF has a 52-week low of $24.13 and a 52-week high of $28.85.

Global Infrastructure Active ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Wednesday, December 17th were issued a dividend of $0.2518 per share. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a yield of 98.0%.

Hedge Funds Weigh In On Global Infrastructure Active ETF

Large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. purchased a new position in Global Infrastructure Active ETF in the 2nd quarter worth approximately $7,345,000. Cetera Investment Advisers purchased a new stake in shares of Global Infrastructure Active ETF during the 2nd quarter valued at $2,179,000. Truist Financial Corp bought a new stake in shares of Global Infrastructure Active ETF during the 2nd quarter worth $286,000. LPL Financial LLC grew its position in Global Infrastructure Active ETF by 9.0% in the fourth quarter. LPL Financial LLC now owns 239,139 shares of the company’s stock worth $6,167,000 after acquiring an additional 19,808 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in Global Infrastructure Active ETF in the third quarter valued at $354,000.

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.