Short Interest in Global Infrastructure Active ETF (NASDAQ:RIFR) Decreases By 38.0%

Global Infrastructure Active ETF (NASDAQ:RIFR) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 10,306 shares, a decrease of 38.0% from the January 15th total of 16,632 shares. Based on an average daily volume of 4,556 shares, the short-interest ratio is presently 2.3 days. Currently, 0.9% of the shares of the company are short sold. Currently, 0.9% of the shares of the company are short sold. Based on an average daily volume of 4,556 shares, the short-interest ratio is presently 2.3 days.

Global Infrastructure Active ETF Trading Up 1.6%

NASDAQ RIFR opened at $28.81 on Friday. The company has a 50 day moving average of $26.29 and a 200-day moving average of $25.99. Global Infrastructure Active ETF has a 1-year low of $24.13 and a 1-year high of $28.85.

Global Infrastructure Active ETF Announces Dividend

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

Institutional Trading of Global Infrastructure Active ETF

Several large investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. acquired a new position in Global Infrastructure Active ETF in the second quarter valued at about $7,345,000. Arkadios Wealth Advisors bought a new position in Global Infrastructure Active ETF in the 4th quarter valued at about $6,934,000. Cetera Investment Advisers acquired a new position in shares of Global Infrastructure Active ETF in the 2nd quarter valued at approximately $2,179,000. Jane Street Group LLC acquired a new position in shares of Global Infrastructure Active ETF in the 2nd quarter valued at approximately $588,000. Finally, LPL Financial LLC lifted its holdings 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 during the period.

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.