Global Infrastructure Active ETF (NASDAQ:RIFR) Short Interest Down 58.4% in April

Global Infrastructure Active ETF (NASDAQ:RIFR) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 13,707 shares, a decline of 58.4% from the April 15th total of 32,933 shares. Based on an average trading volume of 5,908 shares, the short-interest ratio is presently 2.3 days. Approximately 1.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers lifted its position in shares of Global Infrastructure Active ETF by 14.3% during the 1st quarter. Cetera Investment Advisers now owns 196,100 shares of the company’s stock valued at $5,495,000 after acquiring an additional 24,604 shares during the period. Arkadios Wealth Advisors acquired a new position in shares of Global Infrastructure Active ETF during the 4th quarter valued at $6,934,000. Jane Street Group LLC acquired a new position in shares of Global Infrastructure Active ETF during the 4th quarter valued at $322,000. LPL Financial LLC lifted its position in shares of Global Infrastructure Active ETF by 9.0% during the 4th 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 during the period. Finally, Rothschild Investment LLC bought a new stake in Global Infrastructure Active ETF during the 4th quarter valued at $389,000.

Global Infrastructure Active ETF Stock Down 1.7%

Shares of Global Infrastructure Active ETF stock traded down $0.49 during trading on Friday, reaching $27.98. 6,810 shares of the company traded hands, compared to its average volume of 5,685. Global Infrastructure Active ETF has a 1-year low of $24.66 and a 1-year high of $29.27. The company has a 50 day moving average price of $28.30 and a 200-day moving average price of $27.18.

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.