U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Sees Significant Growth in Short Interest

by · The Markets Daily

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC – Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 10,774 shares, a growth of 231.3% from the August 31st total of 3,252 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,866 shares, the days-to-cover ratio is presently 1.8 days.

U.S. Small Cap Equity Active ETF Stock Performance

NASDAQ:RUSC traded up $0.19 during trading hours on Friday, reaching $36.70. The stock had a trading volume of 12,756 shares, compared to its average volume of 8,555. U.S. Small Cap Equity Active ETF has a 52 week low of $28.87 and a 52 week high of $39.30. The company has a 50 day moving average price of $37.96 and a two-hundred day moving average price of $36.42.

Institutional Investors Weigh In On U.S. Small Cap Equity Active ETF

An institutional investor recently raised its position in U.S. Small Cap Equity Active ETF stock. Bank of New York Mellon Corp raised its holdings in shares of U.S. Small Cap Equity Active ETF (NASDAQ:RUSC – Free Report) by 17.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,928 shares of the company’s stock after purchasing an additional 1,316 shares during the quarter. Bank of New York Mellon Corp owned 0.56% of U.S. Small Cap Equity Active ETF worth $286,000 as of its most recent filing with the Securities & Exchange Commission.

U.S. Small Cap Equity Active ETF Company Profile

(Get Free Report)

Russell Investments Exchange Traded Funds – U.S. Small Cap Equity Active ETF is an exchange traded fund launched and managed by Russell Investment Management, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth, value and volatility stocks of small-cap companies, within the market capitalization range of the Russell 2000 Index. The fund employs quantitative analysis to create its portfolio.

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