Short Interest in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Rises By 112.2%

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 6,477 shares, a growth of 112.2% from the June 15th total of 3,052 shares. Based on an average daily volume of 48,704 shares, the short-interest ratio is currently 0.1 days. Currently, 0.3% of the shares of the company are short sold.

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

A number of large investors have recently bought and sold shares of RUSC. Bank of New York Mellon Corp grew its holdings in shares of U.S. Small Cap Equity Active ETF by 17.3% during the first quarter. Bank of New York Mellon Corp now owns 8,928 shares of the company’s stock worth $286,000 after buying an additional 1,316 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in U.S. Small Cap Equity Active ETF in the fourth quarter valued at $956,000. Finally, Baird Financial Group Inc. purchased a new position in U.S. Small Cap Equity Active ETF during the second quarter worth about $1,830,000.

U.S. Small Cap Equity Active ETF Stock Up 0.5%

U.S. Small Cap Equity Active ETF stock traded up $0.20 during mid-day trading on Wednesday, reaching $38.21. 9,303 shares of the company were exchanged, compared to its average volume of 9,014. U.S. Small Cap Equity Active ETF has a twelve month low of $27.42 and a twelve month high of $39.27. The firm’s 50-day simple moving average is $37.22 and its two-hundred day simple moving average is $34.60.

U.S. Small Cap Equity Active ETF Company Profile

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.