Short Interest in Global Infrastructure Active ETF (NASDAQ:RIFR) Drops By 87.7%

Global Infrastructure Active ETF (NASDAQ:RIFR) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,594 shares, a decline of 87.7% from the July 15th total of 12,988 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 4,396 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Global Infrastructure Active ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Truist Financial Corp raised its position 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 worth $292,000 after acquiring an additional 392 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in shares of Global Infrastructure Active ETF during the 2nd quarter worth about $270,000. Cetera Investment Advisers raised its holdings in shares of Global Infrastructure Active ETF by 7.7% in the 4th 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 during the period. Jane Street Group LLC bought a new stake in shares of Global Infrastructure Active ETF in the 4th quarter valued at about $322,000. Finally, Citadel Advisors LLC acquired a new stake in Global Infrastructure Active ETF in the 3rd quarter valued at about $354,000.

Global Infrastructure Active ETF Trading Up 0.0%

Shares of RIFR traded up $0.01 on Friday, reaching $28.84. 2,904 shares of the company’s stock were exchanged, compared to its average volume of 5,288. The business has a 50 day moving average price of $28.71 and a two-hundred day moving average price of $28.39. Global Infrastructure Active ETF has a 12 month low of $25.07 and a 12 month high of $29.34.

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.