Short Interest in Global X Interest Rate Volatility & Inflation Hedge ETF (NYSEARCA:IRVH) Increases By 247.3%

Global X Interest Rate Volatility & Inflation Hedge ETF (NYSEARCA:IRVH) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 653 shares, a growth of 247.3% from the January 15th total of 188 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 439 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 439 shares, the short-interest ratio is presently 1.5 days. Currently, 0.9% of the shares of the stock are short sold.

Global X Interest Rate Volatility & Inflation Hedge ETF Stock Performance

Shares of NYSEARCA IRVH traded down $0.09 during mid-day trading on Wednesday, reaching $20.41. 1,559 shares of the company were exchanged, compared to its average volume of 1,145. Global X Interest Rate Volatility & Inflation Hedge ETF has a 52 week low of $19.93 and a 52 week high of $21.92. The company’s 50 day moving average price is $20.50 and its 200 day moving average price is $20.85.

Global X Interest Rate Volatility & Inflation Hedge ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 2.9%.

Global X Interest Rate Volatility & Inflation Hedge ETF Company Profile

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.