Short Interest in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Declines By 49.8%

U.S. Small Cap Equity Active ETF (NASDAQ:RUSCGet Free Report) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 3,249 shares, a decline of 49.8% from the June 30th total of 6,477 shares. Based on an average trading volume of 6,319 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are short sold.

U.S. Small Cap Equity Active ETF Price Performance

NASDAQ:RUSC traded up $0.02 during mid-day trading on Tuesday, reaching $37.95. The stock had a trading volume of 6,706 shares, compared to its average volume of 9,039. U.S. Small Cap Equity Active ETF has a twelve month low of $27.42 and a twelve month high of $39.27. The business has a 50 day simple moving average of $37.57 and a 200 day simple moving average of $35.01.

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

Several hedge funds have recently modified their holdings of the business. Baird Financial Group Inc. acquired a new stake in shares of U.S. Small Cap Equity Active ETF in the 2nd quarter valued at approximately $1,830,000. Envestnet Portfolio Solutions Inc. purchased a new position in U.S. Small Cap Equity Active ETF in the fourth quarter worth $956,000. Finally, Bank of New York Mellon Corp raised its position in U.S. Small Cap Equity Active ETF by 17.3% in the first quarter. Bank of New York Mellon Corp now owns 8,928 shares of the company’s stock worth $286,000 after acquiring an additional 1,316 shares in the last quarter.

U.S. Small Cap Equity Active ETF Company Profile

(Get Free Report)

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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