Global Infrastructure Active ETF (NASDAQ:RIFR – Get Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 10,910 shares, a growth of 165.3% from the August 15th total of 4,112 shares. Based on an average daily volume of 3,830 shares, the days-to-cover ratio is currently 2.8 days. Currently, 0.7% of the company’s stock are sold short.
Global Infrastructure Active ETF Stock Up 0.3%
NASDAQ:RIFR opened at $28.09 on Friday. The firm’s 50-day moving average price is $28.76 and its 200-day moving average price is $28.53. Global Infrastructure Active ETF has a 1-year low of $25.19 and a 1-year high of $29.34.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Cetera Investment Advisers grew its holdings in shares of Global Infrastructure Active ETF by 14.3% during the first quarter. Cetera Investment Advisers now owns 196,100 shares of the company’s stock valued at $5,495,000 after buying an additional 24,604 shares during the last quarter. Arkadios Wealth Advisors boosted its stake 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 purchasing an additional 77,824 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in shares of Global Infrastructure Active ETF in the 2nd quarter worth $270,000. Rothschild Investment LLC purchased a new position in shares of Global Infrastructure Active ETF in the fourth quarter worth $389,000. Finally, Truist Financial Corp raised its position in Global Infrastructure Active ETF by 3.6% in the 4th quarter. Truist Financial Corp now owns 11,325 shares of the company’s stock worth $292,000 after buying an additional 392 shares during 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.
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