Short Interest in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Rises By 67.0%

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the recipient of a large 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. Based on an average daily volume of 6,366 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the shares of the company are sold short.

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

Large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp boosted its holdings in U.S. Small Cap Equity Active ETF by 17.3% in the 1st 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. FSA Advisors Inc. bought a new position in shares of U.S. Small Cap Equity Active ETF during the 2nd quarter worth about $452,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of U.S. Small Cap Equity Active ETF during the 4th quarter worth about $956,000. Finally, Baird Financial Group Inc. acquired a new position in shares of U.S. Small Cap Equity Active ETF during the second quarter valued at about $1,830,000.

U.S. Small Cap Equity Active ETF Stock Performance

NASDAQ RUSC traded down $0.30 during trading on Monday, hitting $37.74. The company’s stock had a trading volume of 827 shares, compared to its average volume of 8,676. U.S. Small Cap Equity Active ETF has a 52 week low of $28.87 and a 52 week high of $39.30. The firm has a 50 day moving average price of $38.36 and a 200 day moving average price of $35.93.

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.