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

Global Infrastructure Active ETF (NASDAQ:RIFR) was the recipient of a significant 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 daily volume of 3,550 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.3% of the company’s stock are sold short.

Global Infrastructure Active ETF Price Performance

Shares of NASDAQ RIFR traded down $0.20 during trading hours on Friday, hitting $28.63. 2,258 shares of the stock were exchanged, compared to its average volume of 5,239. The company’s 50 day moving average is $28.82 and its 200 day moving average is $28.54. Global Infrastructure Active ETF has a one year low of $25.07 and a one year high of $29.34.

Institutional Investors Weigh In On Global Infrastructure Active ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Benjamin Edwards Inc. acquired a new stake in Global Infrastructure Active ETF in the second quarter worth $270,000. Truist Financial Corp grew its position in Global Infrastructure Active ETF by 3.6% in 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 in the last quarter. Jane Street Group LLC acquired a new stake in Global Infrastructure Active ETF in the 4th quarter valued at $322,000. Citadel Advisors LLC bought a new stake in Global Infrastructure Active ETF during the 3rd quarter worth about $354,000. Finally, Rothschild Investment LLC acquired a new position in shares of Global Infrastructure Active ETF during the 4th quarter worth about $389,000.

About Global Infrastructure Active ETF

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.