Short Interest in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Increases By 85.6%

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 7,448 shares, an increase of 85.6% from the December 31st total of 4,014 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 4,703 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily volume of 4,703 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.5% of the shares of the stock are sold short.

U.S. Small Cap Equity Active ETF Price Performance

Shares of RUSC stock traded down $0.26 during trading hours on Friday, reaching $32.76. 4,148 shares of the company were exchanged, compared to its average volume of 6,352. U.S. Small Cap Equity Active ETF has a fifty-two week low of $25.88 and a fifty-two week high of $34.02. The stock’s fifty day moving average is $31.99 and its two-hundred day moving average is $30.51.

U.S. Small Cap Equity Active ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Wednesday, December 17th were given a $0.1191 dividend. The ex-dividend date was Wednesday, December 17th. This represents a yield of 38.0%.

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

A hedge fund recently bought a new stake in U.S. Small Cap Equity Active ETF stock. Baird Financial Group Inc. purchased a new position in shares of U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 66,344 shares of the company’s stock, valued at approximately $1,830,000. Baird Financial Group Inc. owned 7.37% of U.S. Small Cap Equity Active ETF as of its most recent filing with the SEC.

About U.S. Small Cap Equity Active ETF

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.