Global X Russell 2000 ETF (NYSEARCA:RSSL) Short Interest Up 1,080.3% in June

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 5,996 shares, an increase of 1,080.3% from the June 15th total of 508 shares. Based on an average trading volume of 55,178 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Global X Russell 2000 ETF

Hedge funds have recently modified their holdings of the stock. Jane Street Group LLC purchased a new stake in Global X Russell 2000 ETF in the first quarter valued at approximately $773,000. Bank of Montreal Can increased its stake in Global X Russell 2000 ETF by 84.7% during the fourth quarter. Bank of Montreal Can now owns 9,637 shares of the company’s stock worth $931,000 after acquiring an additional 4,418 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of Global X Russell 2000 ETF by 70.4% in the 1st quarter. Private Advisor Group LLC now owns 18,698 shares of the company’s stock worth $1,816,000 after purchasing an additional 7,724 shares during the period. Finally, LPL Financial LLC raised its holdings in shares of Global X Russell 2000 ETF by 243.7% in the 4th quarter. LPL Financial LLC now owns 39,184 shares of the company’s stock worth $3,785,000 after purchasing an additional 27,784 shares during the period.

Global X Russell 2000 ETF Price Performance

RSSL traded down $0.57 during trading on Friday, hitting $115.79. The company’s stock had a trading volume of 21,921 shares, compared to its average volume of 27,040. The firm’s 50 day moving average price is $113.42 and its 200-day moving average price is $105.74. Global X Russell 2000 ETF has a twelve month low of $84.34 and a twelve month high of $118.51. The stock has a market cap of $1.45 billion, a PE ratio of 16.96 and a beta of 1.19.

About Global X Russell 2000 ETF

The Global X Russell 2000 ETF (RSSL) is an exchange-traded fund that is based on the Russell 2000 RIC Capped index. The fund tracks an index comprised of small-cap U.S. equities with quarterly capping, ensuring compliance with RIC concentration requirements RSSL was launched on Jun 4, 2024 and is issued by Global X.