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) was the recipient of a large growth in short interest in 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. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 5,306 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 5,306 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the company’s stock are sold short.

U.S. Small Cap Equity Active ETF Price Performance

NASDAQ RUSC traded down $0.12 during trading on Friday, reaching $31.70. 2,424 shares of the company’s stock were exchanged, compared to its average volume of 12,341. U.S. Small Cap Equity Active ETF has a fifty-two week low of $25.88 and a fifty-two week high of $32.29. The business has a 50 day moving average price of $30.81 and a 200-day moving average price of $29.62.

U.S. Small Cap Equity Active ETF Dividend Announcement

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

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. bought a new position in shares of U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 66,344 shares of the company’s stock, valued at approximately $1,830,000. Baird Financial Group Inc. owned 7.37% of U.S. Small Cap Equity Active ETF at the end of the most recent reporting period.

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.