Global Infrastructure Active ETF (NASDAQ:RIFR) Short Interest Down 25.3% in December

Global Infrastructure Active ETF (NASDAQ:RIFR) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 13,017 shares, a decline of 25.3% from the December 15th total of 17,430 shares. Based on an average daily volume of 3,350 shares, the short-interest ratio is presently 3.9 days. Currently, 1.1% of the shares of the stock are sold short. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily volume of 3,350 shares, the short-interest ratio is presently 3.9 days.

Institutional Investors Weigh In On Global Infrastructure Active ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Citadel Advisors LLC bought a new position in shares of Global Infrastructure Active ETF during the 3rd quarter valued at about $354,000. Envestnet Asset Management Inc. lifted its stake in Global Infrastructure Active ETF by 59.1% during the third quarter. Envestnet Asset Management Inc. now owns 463,646 shares of the company’s stock valued at $12,039,000 after purchasing an additional 172,308 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in Global Infrastructure Active ETF by 10.6% during the third quarter. Benjamin Edwards Inc. now owns 11,841 shares of the company’s stock worth $307,000 after buying an additional 1,133 shares in the last quarter. Jane Street Group LLC bought a new stake in Global Infrastructure Active ETF during the second quarter worth approximately $588,000. Finally, Flow Traders U.S. LLC acquired a new position in Global Infrastructure Active ETF in the second quarter worth approximately $427,000.

Global Infrastructure Active ETF Trading Up 0.7%

Shares of RIFR stock opened at $26.17 on Friday. Global Infrastructure Active ETF has a 1 year low of $24.13 and a 1 year high of $26.55. The business’s fifty day moving average is $25.96 and its 200-day moving average is $25.75.

Global Infrastructure Active ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 19th. Investors of record on Wednesday, December 17th were paid a dividend of $0.2518 per share. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a yield of 98.0%.

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.