Global Infrastructure Active ETF (NASDAQ:RIFR) Short Interest Down 25.3% in December

Global Infrastructure Active ETF (NASDAQ:RIFR) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 13,017 shares, a decline of 25.3% from the December 15th total of 17,430 shares. Currently, 1.1% of the company’s stock are sold short. Based on an average trading volume of 3,350 shares, the days-to-cover ratio is presently 3.9 days. Based on an average trading volume of 3,350 shares, the days-to-cover ratio is presently 3.9 days. Currently, 1.1% of the company’s stock are sold short.

Institutional Trading of Global Infrastructure Active ETF

A number of institutional investors and hedge funds have recently made changes to their positions in RIFR. Benjamin Edwards Inc. acquired a new position in shares of Global Infrastructure Active ETF during the 2nd quarter valued at about $270,000. Truist Financial Corp acquired a new stake in Global Infrastructure Active ETF in the 2nd quarter worth approximately $286,000. Citadel Advisors LLC bought a new stake in Global Infrastructure Active ETF during the third quarter worth approximately $354,000. Flow Traders U.S. LLC acquired a new position in Global Infrastructure Active ETF during the second quarter valued at approximately $427,000. Finally, Jane Street Group LLC acquired a new position in Global Infrastructure Active ETF during the second quarter valued at approximately $588,000.

Global Infrastructure Active ETF Stock Performance

Shares of RIFR opened at $26.17 on Friday. The company’s fifty day moving average is $25.96 and its 200-day moving average is $25.75. Global Infrastructure Active ETF has a 12 month low of $24.13 and a 12 month high of $26.55.

Global Infrastructure Active ETF Announces Dividend

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

Global Infrastructure Active ETF Company Profile

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.