U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Shares Shorted: Short Interest Down 45.0% in September

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 5,924 shares, a decline of 45.0% from the September 15th total of 10,774 shares. Based on an average daily trading volume, of 9,195 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Trading of U.S. Small Cap Equity Active ETF

A hedge fund recently raised its position in U.S. Small Cap Equity Active ETF stock. Bank of New York Mellon Corp raised its stake in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC – Free Report) by 17.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,928 shares of the company’s stock after purchasing an additional 1,316 shares during the quarter. Bank of New York Mellon Corp owned about 0.56% of U.S. Small Cap Equity Active ETF worth $286,000 at the end of the most recent quarter.

U.S. Small Cap Equity Active ETF Trading Up 0.9%

Shares of NASDAQ:RUSC traded up $0.33 during midday trading on Thursday, hitting $35.76. 12,677 shares of the stock were exchanged, compared to its average volume of 8,816. U.S. Small Cap Equity Active ETF has a twelve month low of $28.87 and a twelve month high of $39.30. The company has a 50 day moving average price of $37.53 and a 200-day moving average price of $36.85.

U.S. Small Cap Equity Active ETF Company Profile

(Get Free Report)

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.

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