Global X Interest Rate Hedge ETF (NYSEARCA:IRHG – Get Free Report)’s stock price rose 0.2% on Thursday . The company traded as high as $19.65 and last traded at $19.65. Approximately 332 shares changed hands during trading, an increase of 73% from the average daily volume of 192 shares. The stock had previously closed at $19.60.
Global X Interest Rate Hedge ETF Trading Up 0.2 %
The company’s fifty day simple moving average is $20.14 and its 200-day simple moving average is $20.26.
Global X Interest Rate Hedge ETF Company Profile
The Global X Interest Rate Hedge ETF (RATE) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund, using over-the-counter swaptions, which seeks to provide a hedge against sharp increases in long-term US interest rates. The fund is also expected to benefit during periods of market stress when interest rate volatility rises.
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