Global Infrastructure Active ETF (NASDAQ:RIFR) Short Interest Down 58.4% in April

Global Infrastructure Active ETF (NASDAQ:RIFR) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 13,707 shares, a drop of 58.4% from the April 15th total of 32,933 shares. Based on an average daily trading volume, of 5,908 shares, the short-interest ratio is presently 2.3 days. Approximately 1.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Global Infrastructure Active ETF

A number of hedge funds and other institutional investors have recently modified their holdings of RIFR. Flow Traders U.S. LLC acquired a new stake in shares of Global Infrastructure Active ETF in the 2nd quarter valued at $427,000. Jane Street Group LLC acquired a new stake in shares of Global Infrastructure Active ETF in the 2nd quarter valued at $588,000. Benjamin Edwards Inc. acquired a new stake in shares of Global Infrastructure Active ETF in the 2nd quarter valued at $270,000. Envestnet Asset Management Inc. raised 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 purchasing an additional 172,308 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of Global Infrastructure Active ETF in the 3rd quarter valued at $354,000.

Global Infrastructure Active ETF Stock Performance

RIFR stock traded down $0.49 during midday trading on Friday, hitting $27.98. The company’s stock had a trading volume of 6,810 shares, compared to its average volume of 5,685. Global Infrastructure Active ETF has a 52-week low of $24.66 and a 52-week high of $29.27. The firm has a 50-day simple moving average of $28.30 and a 200-day simple moving average of $27.18.

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.