Shares of Global X Interest Rate Hedge ETF (NYSEARCA:IRHG – Get Free Report) traded up 0.2% during trading on Thursday . The company traded as high as $19.65 and last traded at $19.65. 332 shares traded hands during mid-day trading, an increase of 73% from the average session volume of 192 shares. The stock had previously closed at $19.60.
Global X Interest Rate Hedge ETF Stock Up 0.3 %
The stock has a 50-day moving average of $20.12 and a 200 day moving average of $20.25.
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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