U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Short Interest Update

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 4,779 shares, an increase of 67.0% from the July 30th total of 2,861 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 6,366 shares, the days-to-cover ratio is currently 0.8 days.

U.S. Small Cap Equity Active ETF Stock Performance

Shares of RUSC opened at $37.37 on Wednesday. U.S. Small Cap Equity Active ETF has a 12 month low of $28.87 and a 12 month high of $39.30. The company has a 50-day moving average price of $38.34 and a two-hundred day moving average price of $35.97.

Hedge Funds Weigh In On U.S. Small Cap Equity Active ETF

Several large investors have recently bought and sold shares of the business. Baird Financial Group Inc. bought a new position in U.S. Small Cap Equity Active ETF during the second quarter worth about $1,830,000. Envestnet Portfolio Solutions Inc. bought a new position in U.S. Small Cap Equity Active ETF during the 4th quarter worth approximately $956,000. Finally, Bank of New York Mellon Corp grew its holdings in 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 valued at $286,000 after purchasing an additional 1,316 shares during the period.

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.