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

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

Institutional Investors Weigh In On Global Infrastructure Active ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in RIFR. Cetera Investment Advisers grew its holdings in shares of Global Infrastructure Active ETF by 7.7% during the fourth quarter. Cetera Investment Advisers now owns 171,496 shares of the company’s stock worth $4,422,000 after buying an additional 12,213 shares in the last quarter. Arkadios Wealth Advisors purchased a new position in shares of Global Infrastructure Active ETF in the fourth quarter worth about $6,934,000. Jane Street Group LLC purchased a new position in shares of Global Infrastructure Active ETF in the fourth quarter worth about $322,000. LPL Financial LLC boosted its position in Global Infrastructure Active ETF by 9.0% during the fourth 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 during the last quarter. Finally, Rothschild Investment LLC acquired a new position in Global Infrastructure Active ETF during the fourth quarter worth about $389,000.

Global Infrastructure Active ETF Trading Up 0.5%

Shares of RIFR opened at $27.83 on Tuesday. Global Infrastructure Active ETF has a one year low of $24.13 and a one year high of $29.27. The stock has a 50 day moving average price of $27.86 and a 200 day moving average price of $26.62.

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.