Short Interest in Global Infrastructure Active ETF (NASDAQ:RIFR) Rises By 88.5%

Global Infrastructure Active ETF (NASDAQ:RIFR) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 17,493 shares, an increase of 88.5% from the March 15th total of 9,282 shares. Based on an average daily volume of 7,857 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.2% of the shares of the company are short sold.

Global Infrastructure Active ETF Stock Down 0.0%

NASDAQ:RIFR opened at $28.92 on Monday. Global Infrastructure Active ETF has a one year low of $24.13 and a one year high of $29.27. The firm’s fifty day moving average is $28.25 and its two-hundred day moving average is $26.81.

Institutional Investors Weigh In On Global Infrastructure Active ETF

Several hedge funds have recently modified their holdings of RIFR. Arkadios Wealth Advisors purchased a new stake in shares of Global Infrastructure Active ETF during the 4th quarter worth about $6,934,000. Envestnet Asset Management Inc. boosted its stake in shares of 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 acquiring an additional 172,308 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Global Infrastructure Active ETF during the 2nd quarter worth about $588,000. LPL Financial LLC boosted its stake in shares of Global Infrastructure Active ETF by 9.0% during the 4th quarter. LPL Financial LLC now owns 239,139 shares of the company’s stock worth $6,167,000 after acquiring an additional 19,808 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Global Infrastructure Active ETF during the 2nd quarter worth about $427,000.

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.