Global Infrastructure Active ETF (NASDAQ:RIFR) Short Interest Update

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

Global Infrastructure Active ETF Price Performance

RIFR stock remained flat at $27.93 during trading on Tuesday. The company had a trading volume of 4,713 shares, compared to its average volume of 5,226. Global Infrastructure Active ETF has a fifty-two week low of $25.19 and a fifty-two week high of $29.34. The business’s fifty day simple moving average is $28.74 and its 200 day simple moving average is $28.52.

Hedge Funds Weigh In On Global Infrastructure Active ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Baird Financial Group Inc. boosted its position in shares of Global Infrastructure Active ETF by 31.8% during the 2nd quarter. Baird Financial Group Inc. now owns 60,491 shares of the company’s stock valued at $1,723,000 after acquiring an additional 14,592 shares in the last quarter. Arkadios Wealth Advisors grew its stake in shares of Global Infrastructure Active ETF by 28.9% in the 1st quarter. Arkadios Wealth Advisors now owns 346,731 shares of the company’s stock valued at $9,716,000 after purchasing an additional 77,824 shares during the period. Cetera Investment Advisers grew its stake in shares of Global Infrastructure Active ETF by 14.3% in the 1st quarter. Cetera Investment Advisers now owns 196,100 shares of the company’s stock valued at $5,495,000 after purchasing an additional 24,604 shares during the period. Rothschild Investment LLC acquired a new position in shares of Global Infrastructure Active ETF in the 4th quarter worth approximately $389,000. Finally, Truist Financial Corp raised its holdings in shares of Global Infrastructure Active ETF by 3.6% in the 4th quarter. Truist Financial Corp now owns 11,325 shares of the company’s stock worth $292,000 after buying an additional 392 shares in the last quarter.

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.