Global Infrastructure Active ETF (NASDAQ:RIFR) Shares Shorted: Short Interest Down 81.3% in September

Global Infrastructure Active ETF (NASDAQ:RIFR) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 2,422 shares, a decline of 81.3% from the September 15th total of 12,967 shares. Based on an average trading volume of 4,507 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

Global Infrastructure Active ETF Trading Up 1.3%

Shares of NASDAQ RIFR opened at $27.39 on Friday. The stock has a 50 day simple moving average of $28.05 and a 200-day simple moving average of $28.34. Global Infrastructure Active ETF has a 12-month low of $25.49 and a 12-month high of $29.34.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in RIFR. Baird Financial Group Inc. increased its holdings in shares of Global Infrastructure Active ETF by 31.8% in the second quarter. Baird Financial Group Inc. now owns 60,491 shares of the company’s stock valued at $1,723,000 after buying an additional 14,592 shares in the last quarter. Cetera Investment Advisers boosted its stake 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 worth $5,495,000 after acquiring an additional 24,604 shares in the last quarter. Arkadios Wealth Advisors boosted its stake in shares of Global Infrastructure Active ETF by 28.9% during the 1st quarter. Arkadios Wealth Advisors now owns 346,731 shares of the company’s stock worth $9,716,000 after acquiring an additional 77,824 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Global Infrastructure Active ETF by 7.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 573,006 shares of the company’s stock worth $16,324,000 after acquiring an additional 39,684 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.