Global Infrastructure Active ETF (NASDAQ:RIFR) Stock Short Interest Rises 191.0%

Global Infrastructure Active ETF (NASDAQ:RIFR) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 4,120 shares, an increase of 191.0% from the October 15th total of 1,416 shares. Based on an average daily volume of 5,806 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Global Infrastructure Active ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Benjamin Edwards Inc. acquired a new position in Global Infrastructure Active ETF during the third quarter valued at approximately $319,000. Envestnet Asset Management Inc. boosted its holdings in shares of Global Infrastructure Active ETF by 7.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 573,006 shares of the company’s stock worth $16,324,000 after buying an additional 39,684 shares during the period. Baird Financial Group Inc. raised its holdings 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 worth $1,723,000 after acquiring an additional 14,592 shares during the period. Arkadios Wealth Advisors raised its holdings in Global Infrastructure Active ETF by 28.9% in the 1st quarter. Arkadios Wealth Advisors now owns 346,731 shares of the company’s stock worth $9,716,000 after acquiring an additional 77,824 shares during the period. Finally, Cetera Investment Advisers lifted its position in Global Infrastructure Active ETF by 14.3% during the 1st quarter. Cetera Investment Advisers now owns 196,100 shares of the company’s stock worth $5,495,000 after acquiring an additional 24,604 shares during the last quarter.

Global Infrastructure Active ETF Trading Up 0.4%

NASDAQ RIFR traded up $0.13 during trading on Friday, hitting $29.56. 6,725 shares of the company traded hands, compared to its average volume of 5,228. Global Infrastructure Active ETF has a 12 month low of $25.49 and a 12 month high of $29.61. The business has a fifty day simple moving average of $28.08 and a 200 day simple moving average of $28.35. The company has a market capitalization of $50.25 million, a P/E ratio of 20.58 and a beta of 0.08.

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.