Short Interest in Global Infrastructure Active ETF (NASDAQ:RIFR) Rises By 27.8%

Global Infrastructure Active ETF (NASDAQ:RIFR) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 16,632 shares, an increase of 27.8% from the December 31st total of 13,017 shares. Based on an average trading volume of 4,663 shares, the short-interest ratio is currently 3.6 days. Approximately 1.4% of the company’s stock are sold short. Approximately 1.4% of the company’s stock are sold short. Based on an average trading volume of 4,663 shares, the short-interest ratio is currently 3.6 days.

Hedge Funds Weigh In On Global Infrastructure Active ETF

Several hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC bought a new stake in shares of Global Infrastructure Active ETF in the third quarter worth $354,000. Envestnet Asset Management Inc. lifted its position in Global Infrastructure Active ETF by 59.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 463,646 shares of the company’s stock worth $12,039,000 after buying an additional 172,308 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in shares of Global Infrastructure Active ETF by 10.6% in the 3rd quarter. Benjamin Edwards Inc. now owns 11,841 shares of the company’s stock valued at $307,000 after acquiring an additional 1,133 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Global Infrastructure Active ETF in the 2nd quarter valued at about $588,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Global Infrastructure Active ETF in the second quarter valued at about $427,000.

Global Infrastructure Active ETF Price Performance

RIFR stock traded down $0.21 during trading hours on Monday, reaching $26.54. 3,956 shares of the stock were exchanged, compared to its average volume of 4,746. The firm’s 50-day moving average is $26.01 and its 200-day moving average is $25.85. Global Infrastructure Active ETF has a 12 month low of $24.13 and a 12 month high of $26.82.

Global Infrastructure Active ETF Announces Dividend

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

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.