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

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 4,014 shares, an increase of 33.4% from the December 15th total of 3,008 shares. Based on an average trading volume of 4,827 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 4,827 shares, the short-interest ratio is currently 0.8 days.

U.S. Small Cap Equity Active ETF Stock Down 0.3%

Shares of RUSC stock traded down $0.09 on Friday, reaching $33.22. The stock had a trading volume of 8,715 shares, compared to its average volume of 5,174. U.S. Small Cap Equity Active ETF has a 12 month low of $25.88 and a 12 month high of $33.41. The firm’s 50-day moving average is $31.33 and its two-hundred day moving average is $30.21.

U.S. Small Cap Equity Active ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Wednesday, December 17th were paid a $0.1191 dividend. The ex-dividend date 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. purchased a new stake in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 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 as of its most recent SEC filing.

About U.S. Small Cap Equity Active ETF

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.