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

Global Infrastructure Active ETF (NASDAQ:RIFR) was the target of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 9,282 shares, a decline of 12.9% from the February 26th total of 10,652 shares. Based on an average trading volume of 3,756 shares, the short-interest ratio is presently 2.5 days. Currently, 0.8% of the shares of the company are sold short.

Institutional Investors Weigh In On Global Infrastructure Active ETF

Several hedge funds have recently added to or reduced their stakes in the business. Arkadios Wealth Advisors acquired a new stake in Global Infrastructure Active ETF during the 4th quarter worth about $6,934,000. Envestnet Asset Management Inc. lifted its holdings in shares of Global Infrastructure Active ETF by 59.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 463,646 shares of the company’s stock valued at $12,039,000 after buying an additional 172,308 shares during the period. Jane Street Group LLC purchased a new stake in shares of Global Infrastructure Active ETF in the second quarter worth about $588,000. LPL Financial LLC boosted its stake in shares of Global Infrastructure Active ETF by 9.0% in the fourth quarter. LPL Financial LLC now owns 239,139 shares of the company’s stock worth $6,167,000 after buying an additional 19,808 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in Global Infrastructure Active ETF during the second quarter worth about $427,000.

Global Infrastructure Active ETF Stock Up 0.5%

RIFR stock opened at $27.83 on Tuesday. Global Infrastructure Active ETF has a 12 month low of $24.13 and a 12 month high of $29.27. The firm’s fifty day simple moving average is $27.86 and its 200-day simple moving average is $26.62.

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.