Short Interest in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Increases By 33.4%

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

Hedge Funds Weigh In On U.S. Small Cap Equity Active ETF

A hedge fund recently bought a new stake in U.S. Small Cap Equity Active ETF stock. Baird Financial Group Inc. bought a new position 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 Securities and Exchange Commission. The fund bought 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 filing with the Securities and Exchange Commission.

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

Shares of RUSC stock opened at $33.22 on Friday. U.S. Small Cap Equity Active ETF has a 12 month low of $25.88 and a 12 month high of $33.41. The stock has a 50-day moving average price of $31.33 and a 200 day moving average price of $30.18.

U.S. Small Cap Equity Active ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Friday, December 19th. Stockholders of record on Wednesday, December 17th were given a dividend of $0.1191 per share. The ex-dividend date was Wednesday, December 17th. This represents a dividend yield of 38.0%.

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.