U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Sees Large Decrease in Short Interest

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the target of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 1,660 shares, a decrease of 51.9% from the January 29th total of 3,449 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,564 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 6,564 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

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

An institutional investor recently bought a new position in U.S. Small Cap Equity Active ETF stock. Baird Financial Group Inc. purchased a new position in shares of U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 66,344 shares of the company’s stock, valued at approximately $1,830,000. Baird Financial Group Inc. owned approximately 7.37% of U.S. Small Cap Equity Active ETF at the end of the most recent quarter.

U.S. Small Cap Equity Active ETF Trading Up 0.5%

NASDAQ:RUSC opened at $34.08 on Friday. The stock has a fifty day moving average price of $32.91 and a 200-day moving average price of $31.25. U.S. Small Cap Equity Active ETF has a fifty-two week low of $25.88 and a fifty-two week high of $34.43.

U.S. Small Cap Equity Active ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Friday, December 19th. Investors of record on Wednesday, December 17th were given a dividend of $0.1191 per share. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a 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.