Global X Russell 2000 ETF (NYSEARCA:RSSL) Short Interest Update

Global X Russell 2000 ETF (NYSEARCA:RSSL) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 30,329 shares, an increase of 405.8% from the June 30th total of 5,996 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 35,373 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On Global X Russell 2000 ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Jane Street Group LLC bought a new stake in shares of Global X Russell 2000 ETF in the first quarter worth $773,000. LPL Financial LLC lifted its holdings in Global X Russell 2000 ETF by 243.7% in the fourth quarter. LPL Financial LLC now owns 39,184 shares of the company’s stock valued at $3,785,000 after acquiring an additional 27,784 shares during the period. Bank of Montreal Can lifted its holdings in Global X Russell 2000 ETF by 84.7% in the fourth quarter. Bank of Montreal Can now owns 9,637 shares of the company’s stock valued at $931,000 after acquiring an additional 4,418 shares during the period. Finally, Private Advisor Group LLC boosted its position in Global X Russell 2000 ETF by 70.4% in the first 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 last quarter.

Global X Russell 2000 ETF Trading Down 0.3%

RSSL stock traded down $0.35 on Friday, hitting $113.96. The company had a trading volume of 977 shares, compared to its average volume of 26,801. Global X Russell 2000 ETF has a 12-month low of $84.34 and a 12-month high of $118.51. The stock’s 50-day simple moving average is $114.33 and its 200 day simple moving average is $106.92. The stock has a market cap of $1.49 billion, a price-to-earnings 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.