U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Short Interest Down 64.7% in March

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,382 shares, a drop of 64.7% from the February 26th total of 3,911 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 4,931 shares, the short-interest ratio is currently 0.3 days.

U.S. Small Cap Equity Active ETF Stock Performance

RUSC stock opened at $31.88 on Friday. The firm’s 50-day moving average price is $33.04 and its two-hundred day moving average price is $31.63. U.S. Small Cap Equity Active ETF has a 12-month low of $25.88 and a 12-month high of $34.43.

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 shares of U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) in the second quarter, according to the company in its most recent disclosure 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 about 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.