U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Short Interest Up 337.8% in December

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 3,008 shares, a growth of 337.8% from the November 30th total of 687 shares. Based on an average trading volume of 5,306 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 5,306 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in U.S. Small Cap Equity Active ETF stock. Baird Financial Group Inc. acquired a new position in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 66,344 shares of the company’s stock, valued at approximately $1,830,000. Baird Financial Group Inc. owned about 7.37% of U.S. Small Cap Equity Active ETF as of its most recent filing with the Securities and Exchange Commission.

U.S. Small Cap Equity Active ETF Price Performance

RUSC opened at $31.75 on Friday. The business’s fifty day simple moving average is $30.84 and its 200 day simple moving average is $29.65. U.S. Small Cap Equity Active ETF has a 52 week low of $25.88 and a 52 week high of $32.29.

U.S. Small Cap Equity Active ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Friday, December 19th. Investors of record on Wednesday, December 17th were issued a dividend of $0.1191 per share. This represents a dividend yield of 38.0%. The ex-dividend date of this dividend was Wednesday, December 17th.

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.