Short Interest in Global X Russell 2000 ETF (NYSEARCA:RSSL) Expands By 405.8%

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 30,329 shares, an increase of 405.8% from the June 30th total of 5,996 shares. Based on an average trading volume of 35,373 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the company’s shares are sold short.

Global X Russell 2000 ETF Stock Performance

Shares of RSSL stock remained flat at $113.96 during mid-day trading on Monday. The stock had a trading volume of 977 shares, compared to its average volume of 26,801. The company has a market cap of $1.49 billion, a P/E ratio of 16.96 and a beta of 1.19. The stock’s 50 day simple moving average is $114.33 and its two-hundred day simple moving average is $106.97. Global X Russell 2000 ETF has a 1 year low of $84.34 and a 1 year high of $118.51.

Institutional Investors Weigh In On Global X Russell 2000 ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new position in shares of Global X Russell 2000 ETF during the 1st quarter worth approximately $773,000. Bank of Montreal Can increased its stake in shares of Global X Russell 2000 ETF by 84.7% in the 4th 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 in the last quarter. Private Advisor Group LLC increased its stake in shares of Global X Russell 2000 ETF by 70.4% in the 1st 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. Finally, LPL Financial LLC lifted its position in shares of Global X Russell 2000 ETF by 243.7% during the 4th quarter. LPL Financial LLC now owns 39,184 shares of the company’s stock valued at $3,785,000 after acquiring an additional 27,784 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.