Global Infrastructure Active ETF (NASDAQ:RIFR) Sees Significant Decline in Short Interest

Global Infrastructure Active ETF (NASDAQ:RIFRGet Free Report) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,594 shares, a decrease of 87.7% from the July 15th total of 12,988 shares. Based on an average daily volume of 4,396 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Global Infrastructure Active ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Arkadios Wealth Advisors grew its position 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 valued at $9,716,000 after acquiring an additional 77,824 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Global Infrastructure Active ETF by 9.0% during the fourth quarter. LPL Financial LLC now owns 239,139 shares of the company’s stock valued at $6,167,000 after purchasing an additional 19,808 shares during the period. Cetera Investment Advisers boosted its stake 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 purchasing an additional 24,604 shares during the period. Jane Street Group LLC bought a new position in shares of Global Infrastructure Active ETF in the second quarter worth about $588,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Global Infrastructure Active ETF in the second quarter worth about $427,000.

Global Infrastructure Active ETF Price Performance

Shares of NASDAQ:RIFR traded up $0.13 during trading on Thursday, hitting $28.84. The company had a trading volume of 5,350 shares, compared to its average volume of 5,304. The company has a fifty day simple moving average of $28.71 and a two-hundred day simple moving average of $28.39. Global Infrastructure Active ETF has a one year low of $25.07 and a one year high of $29.34.

Global Infrastructure Active ETF Company Profile

(Get Free Report)

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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