U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Sees Large Decline in Short Interest

U.S. Small Cap Equity Active ETF (NASDAQ:RUSCGet Free Report) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 3,252 shares, a decrease of 32.0% from the August 15th total of 4,779 shares. Based on an average daily trading volume, of 6,837 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are short sold.

U.S. Small Cap Equity Active ETF Trading Up 0.8%

Shares of NASDAQ:RUSC traded up $0.31 during trading on Thursday, reaching $37.22. 1,975 shares of the company traded hands, compared to its average volume of 8,522. The firm has a fifty day simple moving average of $38.15 and a 200 day simple moving average of $36.27. U.S. Small Cap Equity Active ETF has a 1-year low of $28.87 and a 1-year high of $39.30.

Institutional Trading of U.S. Small Cap Equity Active ETF

An institutional investor recently bought a new position in U.S. Small Cap Equity Active ETF stock. Envestnet Portfolio Solutions Inc. bought a new stake in U.S. Small Cap Equity Active ETF (NASDAQ:RUSCFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 30,724 shares of the company’s stock, valued at approximately $956,000. Envestnet Portfolio Solutions Inc. owned approximately 1.71% of U.S. Small Cap Equity Active ETF at the end of the most recent reporting period.

About U.S. Small Cap Equity Active ETF

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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.

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