Short Interest in Global Infrastructure Active ETF (NASDAQ:RIFR) Declines By 55.9%

Global Infrastructure Active ETF (NASDAQ:RIFR) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 12,988 shares, a drop of 55.9% from the June 30th total of 29,453 shares. Based on an average daily trading volume, of 3,140 shares, the days-to-cover ratio is presently 4.1 days. Currently, 0.9% of the company’s stock are sold short.

Global Infrastructure Active ETF Stock Down 0.2%

NASDAQ RIFR traded down $0.07 on Wednesday, reaching $28.90. The company had a trading volume of 2,347 shares, compared to its average volume of 5,474. Global Infrastructure Active ETF has a 1 year low of $25.07 and a 1 year high of $29.30. The firm has a 50-day moving average of $28.61 and a 200-day moving average of $28.15.

Institutional Investors Weigh In On Global Infrastructure Active ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors acquired a new stake in shares of Global Infrastructure Active ETF during the fourth quarter valued at about $6,934,000. Cetera Investment Advisers grew its position in shares of Global Infrastructure Active ETF by 14.3% during the first quarter. Cetera Investment Advisers now owns 196,100 shares of the company’s stock worth $5,495,000 after buying an additional 24,604 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Global Infrastructure Active ETF in the second quarter worth $588,000. LPL Financial LLC raised its holdings 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 valued at $6,167,000 after acquiring an additional 19,808 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in Global Infrastructure Active ETF during the 2nd quarter valued at $427,000.

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.