Global X Russell 2000 ETF (NYSEARCA:RSSL – Get Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 5,996 shares, a growth of 1,080.3% from the June 15th total of 508 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 55,178 shares, the short-interest ratio is presently 0.1 days.
Hedge Funds Weigh In On Global X Russell 2000 ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of Montreal Can increased its holdings 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 during the last quarter. LPL Financial LLC boosted its holdings in Global X Russell 2000 ETF by 243.7% in the fourth quarter. LPL Financial LLC now owns 39,184 shares of the company’s stock valued at $3,785,000 after purchasing an additional 27,784 shares in the last quarter. Jane Street Group LLC acquired a new position in Global X Russell 2000 ETF in the first quarter valued at approximately $773,000. Finally, Private Advisor Group LLC increased its stake in Global X Russell 2000 ETF by 70.4% in 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 last quarter.
Global X Russell 2000 ETF Price Performance
Shares of NYSEARCA RSSL traded down $0.57 during midday trading on Friday, hitting $115.79. The company’s stock had a trading volume of 21,921 shares, compared to its average volume of 27,040. The business’s fifty day simple moving average is $113.42 and its two-hundred day simple moving average is $105.74. Global X Russell 2000 ETF has a 1 year low of $84.34 and a 1 year high of $118.51. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 16.96 and a beta of 1.19.
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.
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