Global X Interest Rate Hedge ETF (NYSEARCA:IRHG – Get Free Report)’s stock price fell 0.6% on Tuesday . The company traded as low as $20.41 and last traded at $20.41. 589 shares changed hands during trading, an increase of 207% from the average session volume of 192 shares. The stock had previously closed at $20.53.
Global X Interest Rate Hedge ETF Stock Performance
The company’s 50 day moving average is $20.43 and its two-hundred day moving average is $20.45.
About Global X Interest Rate Hedge ETF
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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