Global Infrastructure Active ETF (NASDAQ:RIFR) Short Interest Update

Global Infrastructure Active ETF (NASDAQ:RIFR) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 17,430 shares, a growth of 57.9% from the November 30th total of 11,042 shares. Currently, 2.2% of the shares of the stock are short sold. Based on an average daily volume of 28,212 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 28,212 shares, the days-to-cover ratio is currently 0.6 days. Currently, 2.2% of the shares of the stock are short sold.

Global Infrastructure Active ETF Price Performance

Shares of NASDAQ:RIFR opened at $25.81 on Monday. Global Infrastructure Active ETF has a one year low of $24.13 and a one year high of $26.55. The firm has a 50 day simple moving average of $26.02 and a 200 day simple moving average of $25.66.

Global Infrastructure Active ETF Announces Dividend

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

Hedge Funds Weigh In On Global Infrastructure Active ETF

Several large investors have recently bought and sold shares of RIFR. Envestnet Asset Management Inc. bought a new position in Global Infrastructure Active ETF during the second quarter worth $7,345,000. Truist Financial Corp acquired a new stake in Global Infrastructure Active ETF during the 2nd quarter worth about $286,000. Cetera Investment Advisers bought a new position in shares of Global Infrastructure Active ETF in the 2nd quarter worth about $2,179,000. Benjamin Edwards Inc. raised its position 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 worth $307,000 after acquiring an additional 1,133 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in shares of Global Infrastructure Active ETF in the 3rd quarter valued at about $354,000.

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.