Global X Interest Rate Volatility & Inflation Hedge ETF (NYSEARCA:IRVH) Sees Large Decrease in Short Interest

Global X Interest Rate Volatility & Inflation Hedge ETF (NYSEARCA:IRVH) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 29 shares, a drop of 72.1% from the July 15th total of 104 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 27 shares, the days-to-cover ratio is currently 1.1 days.

Global X Interest Rate Volatility & Inflation Hedge ETF Stock Performance

NYSEARCA:IRVH opened at $19.10 on Thursday. Global X Interest Rate Volatility & Inflation Hedge ETF has a 1 year low of $18.83 and a 1 year high of $21.47. The firm has a 50 day moving average of $19.26 and a 200-day moving average of $19.75.

About Global X Interest Rate Volatility & Inflation Hedge ETF

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.