Global Infrastructure Active ETF (NASDAQ:RIFR) Sees Large Decline in Short Interest

Global Infrastructure Active ETF (NASDAQ:RIFR) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 12,988 shares, a decrease of 55.9% from the June 30th total of 29,453 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 3,140 shares, the short-interest ratio is currently 4.1 days.

Institutional Trading of Global Infrastructure Active ETF

Large investors have recently made changes to their positions in the stock. Benjamin Edwards Inc. purchased a new position in Global Infrastructure Active ETF in the second quarter worth $270,000. Truist Financial Corp lifted its position in shares of Global Infrastructure Active ETF by 3.6% during the 4th quarter. Truist Financial Corp now owns 11,325 shares of the company’s stock valued at $292,000 after buying an additional 392 shares in the last quarter. Jane Street Group LLC acquired a new stake in Global Infrastructure Active ETF in the 4th quarter valued at $322,000. Citadel Advisors LLC acquired a new stake in Global Infrastructure Active ETF in the 3rd quarter valued at $354,000. Finally, Rothschild Investment LLC purchased a new stake in Global Infrastructure Active ETF in the 4th quarter worth $389,000.

Global Infrastructure Active ETF Stock Performance

Global Infrastructure Active ETF stock traded up $0.10 during mid-day trading on Tuesday, reaching $29.07. The stock had a trading volume of 646 shares, compared to its average volume of 5,491. The company has a 50-day moving average price of $28.60 and a two-hundred day moving average price of $28.13. Global Infrastructure Active ETF has a one year low of $25.07 and a one year high of $29.30.

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.