Global X Russell 2000 ETF (NYSEARCA:RSSL) Short Interest Update

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 508 shares, a decrease of 70.8% from the May 31st total of 1,738 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 4,936 shares, the days-to-cover ratio is presently 0.1 days.

Global X Russell 2000 ETF Stock Performance

Shares of NYSEARCA:RSSL traded down $0.08 during midday trading on Friday, hitting $116.99. 4,454 shares of the stock were exchanged, compared to its average volume of 26,481. Global X Russell 2000 ETF has a 52-week low of $84.34 and a 52-week high of $117.50. The business’s fifty day simple moving average is $111.60 and its two-hundred day simple moving average is $104.50. The company has a market capitalization of $1.53 billion, a PE ratio of 16.96 and a beta of 1.23.

Hedge Funds Weigh In On Global X Russell 2000 ETF

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

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.