Short Interest in Global X Russell 2000 ETF (NYSEARCA:RSSL) Rises By 700.9%

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 1,738 shares, a growth of 700.9% from the May 14th total of 217 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,963 shares, the short-interest ratio is currently 0.4 days.

Global X Russell 2000 ETF Price Performance

RSSL opened at $113.58 on Friday. The stock has a market capitalization of $1.49 billion, a PE ratio of 16.96 and a beta of 1.23. The firm’s fifty day moving average price is $108.40 and its 200 day moving average price is $103.10. Global X Russell 2000 ETF has a 12-month low of $81.85 and a 12-month high of $114.61.

Institutional Trading of Global X Russell 2000 ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Private Advisor Group LLC raised its holdings in Global X Russell 2000 ETF by 70.4% in the first quarter. Private Advisor Group LLC now owns 18,698 shares of the company’s stock valued at $1,816,000 after acquiring an additional 7,724 shares in the last quarter. Bank of Montreal Can increased its stake in Global X Russell 2000 ETF by 84.7% during the fourth quarter. Bank of Montreal Can now owns 9,637 shares of the company’s stock valued at $931,000 after purchasing an additional 4,418 shares during the last quarter. LPL Financial LLC increased its stake in Global X Russell 2000 ETF by 243.7% during the fourth quarter. LPL Financial LLC now owns 39,184 shares of the company’s stock valued at $3,785,000 after purchasing an additional 27,784 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in Global X Russell 2000 ETF during the first quarter valued at $773,000.

Global X Russell 2000 ETF Company Profile

The Global X Russell 2000 ETF (RSSL) is an exchange-traded fund that is based on the Russell 2000 RIC Capped index. The fund tracks an index comprised of small-cap U.S. equities with quarterly capping, ensuring compliance with RIC concentration requirements RSSL was launched on Jun 4, 2024 and is issued by Global X.