Global Infrastructure Active ETF (NASDAQ:RIFR) Stock Short Interest Report for September

Global Infrastructure Active ETF (NASDAQ:RIFR) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 2,422 shares, a decline of 81.3% from the September 15th total of 12,967 shares. Based on an average daily trading volume, of 4,507 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are short sold.

Global Infrastructure Active ETF Stock Performance

RIFR traded up $0.20 during midday trading on Monday, hitting $27.59. 5,341 shares of the company traded hands, compared to its average volume of 5,101. Global Infrastructure Active ETF has a 52-week low of $25.49 and a 52-week high of $29.34. The business has a 50 day simple moving average of $28.05 and a two-hundred day simple moving average of $28.35.

Hedge Funds Weigh In On Global Infrastructure Active ETF

Several institutional investors and hedge funds have recently bought and sold shares of RIFR. Envestnet Asset Management Inc. grew its position in Global Infrastructure Active ETF by 7.4% in the second quarter. Envestnet Asset Management Inc. now owns 573,006 shares of the company’s stock worth $16,324,000 after acquiring an additional 39,684 shares during the period. Arkadios Wealth Advisors boosted its holdings in Global Infrastructure Active ETF by 28.9% during the 1st quarter. Arkadios Wealth Advisors now owns 346,731 shares of the company’s stock valued at $9,716,000 after acquiring an additional 77,824 shares during the period. Cetera Investment Advisers grew its position in Global Infrastructure Active ETF by 14.3% in the 1st quarter. Cetera Investment Advisers now owns 196,100 shares of the company’s stock valued at $5,495,000 after acquiring an additional 24,604 shares in the last quarter. Finally, Baird Financial Group Inc. grew its position in Global Infrastructure Active ETF by 31.8% in the 2nd quarter. Baird Financial Group Inc. now owns 60,491 shares of the company’s stock valued at $1,723,000 after acquiring an additional 14,592 shares in the last quarter.

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.