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

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

Hedge Funds Weigh In On Global Infrastructure Active ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. increased its holdings in Global Infrastructure Active ETF by 59.1% in the third quarter. Envestnet Asset Management Inc. now owns 463,646 shares of the company’s stock worth $12,039,000 after purchasing an additional 172,308 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in Global Infrastructure Active ETF in the fourth quarter worth approximately $6,934,000. LPL Financial LLC increased its holdings in 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 purchasing an additional 19,808 shares in the last quarter. Cetera Investment Advisers increased its holdings in Global Infrastructure Active ETF by 14.3% in the first quarter. Cetera Investment Advisers now owns 196,100 shares of the company’s stock worth $5,495,000 after purchasing an additional 24,604 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in Global Infrastructure Active ETF in the second quarter worth approximately $588,000.

Global Infrastructure Active ETF Stock Down 1.7%

Global Infrastructure Active ETF stock opened at $27.98 on Friday. The stock’s 50 day moving average is $28.30 and its 200 day moving average is $27.18. Global Infrastructure Active ETF has a one year low of $24.66 and a one year high of $29.27.

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.