Global X Interest Rate Hedge ETF (NYSEARCA:IRHG – Get Free Report) shares were up 1% during mid-day trading on Thursday . The company traded as high as $18.89 and last traded at $18.89. Approximately 260 shares changed hands during mid-day trading, an increase of 35% from the average daily volume of 192 shares. The stock had previously closed at $18.70.
Global X Interest Rate Hedge ETF Stock Up 1.0%
The stock has a fifty day moving average price of $18.94 and a 200-day moving average price of $19.60.
About Global X Interest Rate Hedge ETF
The Global X Interest Rate Hedge ETF (RATE) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund, using over-the-counter swaptions, which seeks to provide a hedge against sharp increases in long-term US interest rates. The fund is also expected to benefit during periods of market stress when interest rate volatility rises.
Featured Articles
- Five stocks we like better than Global X Interest Rate Hedge ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- Ignore the Noise—Samsara Stock Is Still a Strong Buy
- What is a Special Dividend?
- 3 Stocks Set to Double—And There’s Still Time to Buy
- How to Calculate Return on Investment (ROI)
- Analysts Can’t Get Enough of These Little-Known Biopharma Stocks
Receive News & Ratings for Global X Interest Rate Hedge ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Interest Rate Hedge ETF and related companies with MarketBeat.com's FREE daily email newsletter.
