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

Global Infrastructure Active ETF (NASDAQ:RIFR) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 29,453 shares, a growth of 89.4% from the June 15th total of 15,547 shares. Approximately 2.0% of the shares of the company are sold short. Based on an average daily volume of 6,793 shares, the short-interest ratio is currently 4.3 days.

Global Infrastructure Active ETF Stock Up 0.7%

RIFR stock traded up $0.21 during midday trading on Thursday, reaching $29.06. 3,456 shares of the company’s stock traded hands, compared to its average volume of 5,515. Global Infrastructure Active ETF has a 52-week low of $25.03 and a 52-week high of $29.27. The stock’s 50-day moving average is $28.49 and its 200 day moving average is $27.95.

Institutional Investors Weigh In On Global Infrastructure Active ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Benjamin Edwards Inc. purchased a new position in Global Infrastructure Active ETF during the second quarter valued at $270,000. Truist Financial Corp grew its holdings in Global Infrastructure Active ETF by 3.6% during the fourth 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 period. Jane Street Group LLC purchased a new stake in Global Infrastructure Active ETF in the fourth quarter worth about $322,000. Citadel Advisors LLC purchased a new stake in Global Infrastructure Active ETF in the third quarter worth about $354,000. Finally, Rothschild Investment LLC bought a new position in shares of Global Infrastructure Active ETF in 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.