U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Short Interest Update

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 6,123 shares, a growth of 343.1% from the March 15th total of 1,382 shares. Based on an average trading volume of 5,600 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.4% of the company’s stock are sold short.

U.S. Small Cap Equity Active ETF Price Performance

U.S. Small Cap Equity Active ETF stock opened at $33.89 on Monday. U.S. Small Cap Equity Active ETF has a twelve month low of $25.88 and a twelve month high of $34.43. The stock’s fifty day simple moving average is $32.92 and its 200-day simple moving average is $31.80.

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

A hedge fund recently bought a new stake in U.S. Small Cap Equity Active ETF stock. Envestnet Portfolio Solutions Inc. acquired a new position in shares of U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 30,724 shares of the company’s stock, valued at approximately $956,000. Envestnet Portfolio Solutions Inc. owned 1.71% of U.S. Small Cap Equity Active ETF at the end of the most recent quarter.

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.