Global X Russell 2000 ETF (NYSEARCA:RSSL – Get Free Report) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 30,329 shares, a growth of 405.8% from the June 30th total of 5,996 shares. Based on an average trading volume of 35,373 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the company’s stock are short sold.
Global X Russell 2000 ETF Stock Performance
Shares of RSSL traded down $0.35 during trading hours on Friday, hitting $113.96. The company had a trading volume of 977 shares, compared to its average volume of 26,801. The firm has a fifty day moving average price of $114.33 and a 200-day moving average price of $106.92. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 16.96 and a beta of 1.19. Global X Russell 2000 ETF has a 52-week low of $84.34 and a 52-week high of $118.51.
Institutional Investors Weigh In On Global X Russell 2000 ETF
Institutional investors have recently made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of 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 in the last quarter. Private Advisor Group LLC increased its holdings 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 buying an additional 7,724 shares in the last quarter. Jane Street Group LLC purchased a new position in Global X Russell 2000 ETF in the 1st quarter worth about $773,000. Finally, Bank of Montreal Can lifted its stake in Global X Russell 2000 ETF by 84.7% during 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 period.
About Global X Russell 2000 ETF
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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