Global X Interest Rate Hedge ETF (NYSEARCA:RATE – Get Free Report)’s share price rose 1.2% on Thursday . The stock traded as high as $21.83 and last traded at $21.83. Approximately 420 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 1,686 shares. The stock had previously closed at $21.58.
Global X Interest Rate Hedge ETF Price Performance
The company has a fifty day simple moving average of $19.84 and a two-hundred day simple moving average of $23.10.
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.
Further Reading
- Five stocks we like better than Global X Interest Rate Hedge ETF
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- MarketBeat Week in Review – 4/15 – 4/19
- Learn Technical Analysis Skills to Master the Stock Market
- Comprehensive Analysis of PayPal Stock
- How to invest in blue chip stocks
- Intuitive Surgical Stock Can Trend Much Higher This Year
Receive News & Ratings for Global X Interest Rate Hedge ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Interest Rate Hedge ETF and related companies with MarketBeat.com's FREE daily email newsletter.
