Global Infrastructure Active ETF (NASDAQ:RIFR) Sees Significant Increase in Short Interest

Global Infrastructure Active ETF (NASDAQ:RIFR) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 10,910 shares, a growth of 165.3% from the August 15th total of 4,112 shares. Based on an average trading volume of 3,830 shares, the days-to-cover ratio is presently 2.8 days. Currently, 0.7% of the company’s shares are sold short.

Institutional Trading of Global Infrastructure Active ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Benjamin Edwards Inc. purchased a new position in Global Infrastructure Active ETF during the 2nd quarter valued at $270,000. Truist Financial Corp boosted its stake in shares of Global Infrastructure Active ETF by 3.6% during the 4th 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 purchased a new position in shares of Global Infrastructure Active ETF during the fourth quarter valued at about $322,000. Citadel Advisors LLC purchased a new position in shares of Global Infrastructure Active ETF during the third quarter valued at about $354,000. Finally, Rothschild Investment LLC purchased a new position in shares of Global Infrastructure Active ETF during the fourth quarter valued at about $389,000.

Global Infrastructure Active ETF Trading Up 0.3%

Global Infrastructure Active ETF stock opened at $28.09 on Friday. Global Infrastructure Active ETF has a 1-year low of $25.19 and a 1-year high of $29.34. The firm has a 50-day moving average of $28.76 and a 200-day moving average of $28.53.

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.