Short Interest in Global Infrastructure Active ETF (NASDAQ:RIFR) Expands By 89.4%

Global Infrastructure Active ETF (NASDAQ:RIFR) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 29,453 shares, a growth of 89.4% from the June 15th total of 15,547 shares. Based on an average daily trading volume, of 6,793 shares, the days-to-cover ratio is presently 4.3 days. Approximately 2.0% of the shares of the stock are sold short.

Global Infrastructure Active ETF Stock Performance

RIFR traded up $0.40 during trading on Friday, hitting $29.25. 1,001 shares of the company traded hands, compared to its average volume of 5,514. The stock’s 50-day simple moving average is $28.51 and its two-hundred day simple moving average is $27.98. Global Infrastructure Active ETF has a 1 year low of $25.03 and a 1 year high of $29.27.

Institutional Investors Weigh In On Global Infrastructure Active ETF

Large investors have recently made changes to their positions in the company. Truist Financial Corp boosted its stake in Global Infrastructure Active ETF by 3.6% during the fourth quarter. Truist Financial Corp now owns 11,325 shares of the company’s stock valued at $292,000 after buying an additional 392 shares during the last quarter. Benjamin Edwards Inc. purchased a new stake in Global Infrastructure Active ETF during the second quarter valued at $270,000. Cetera Investment Advisers raised its stake in Global Infrastructure Active ETF by 7.7% during the fourth quarter. Cetera Investment Advisers now owns 171,496 shares of the company’s stock valued at $4,422,000 after purchasing an additional 12,213 shares in the last quarter. Jane Street Group LLC bought a new position in Global Infrastructure Active ETF during the fourth quarter valued at $322,000. Finally, Citadel Advisors LLC bought a new position in Global Infrastructure Active ETF during the third quarter valued at $354,000.

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.