Global X Russell 2000 ETF (NYSEARCA:RSSL – Get Free Report) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 1,738 shares, an increase of 700.9% from the May 14th total of 217 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 3,963 shares, the days-to-cover ratio is presently 0.4 days.
Global X Russell 2000 ETF Price Performance
Shares of RSSL traded down $0.38 during trading hours on Wednesday, hitting $111.28. 1,088 shares of the company were exchanged, compared to its average volume of 24,021. The company has a market capitalization of $1.46 billion, a PE ratio of 16.96 and a beta of 1.23. The firm has a fifty day simple moving average of $107.75 and a 200-day simple moving average of $102.80. Global X Russell 2000 ETF has a one year low of $81.85 and a one year high of $114.61.
Hedge Funds Weigh In On Global X Russell 2000 ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. LPL Financial LLC boosted its stake 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 period. Bank of Montreal Can boosted its stake in 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 worth $931,000 after purchasing an additional 4,418 shares during the period. Jane Street Group LLC acquired a new position in Global X Russell 2000 ETF in the 1st quarter worth approximately $773,000. Finally, Private Advisor Group LLC boosted its stake in 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 worth $1,816,000 after purchasing an additional 7,724 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.
See Also
- Five stocks we like better than Global X Russell 2000 ETF
- Nebius Group’s £1.7 Billion UK Expansion Fuels Bullish Case Despite the Pullback
- An Analyst Just Raised Tesla’s Price Target by 227%—Here’s Why
- AST SpaceMobile’s SpaceX Catalyst Could Come With a Volatility Warning
- GameStop’s $2 Billion Buyback Sends a Confusing Signal to Investors
Receive News & Ratings for Global X Russell 2000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Russell 2000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
