Global X Interest Rate Volatility & Inflation Hedge ETF (NYSEARCA:IRVH) Sees Significant Decrease in Short Interest

Global X Interest Rate Volatility & Inflation Hedge ETF (NYSEARCA:IRVH) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 29 shares, a decline of 72.1% from the July 15th total of 104 shares. Based on an average daily volume of 27 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.0% of the shares of the company are sold short.

Global X Interest Rate Volatility & Inflation Hedge ETF Stock Down 0.3%

Shares of IRVH traded down $0.06 during trading hours on Friday, reaching $19.09. 13 shares of the company traded hands, compared to its average volume of 409. The stock’s fifty day moving average is $19.24 and its 200 day moving average is $19.74. Global X Interest Rate Volatility & Inflation Hedge ETF has a 1-year low of $18.83 and a 1-year high of $21.47.

About Global X Interest Rate Volatility & Inflation Hedge ETF

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.