U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Stock Short Interest Falls 45.0%

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 5,924 shares, a drop of 45.0% from the September 15th total of 10,774 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 9,195 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On U.S. Small Cap Equity Active ETF

An institutional investor recently raised its position in U.S. Small Cap Equity Active ETF stock. Bank of New York Mellon Corp lifted its holdings in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) by 17.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,928 shares of the company’s stock after acquiring an additional 1,316 shares during the period. Bank of New York Mellon Corp owned approximately 0.56% of U.S. Small Cap Equity Active ETF worth $286,000 as of its most recent SEC filing.

U.S. Small Cap Equity Active ETF Price Performance

RUSC stock traded up $0.33 during trading on Thursday, reaching $35.76. 12,677 shares of the stock traded hands, compared to its average volume of 8,816. The business’s 50 day moving average price is $37.53 and its 200-day moving average price is $36.85. U.S. Small Cap Equity Active ETF has a 52-week low of $28.87 and a 52-week high of $39.30.

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.