Short Interest in Global X Russell 2000 ETF (NYSEARCA:RSSL) Expands By 67.9%

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 15,877 shares, a growth of 67.9% from the January 15th total of 9,457 shares. Based on an average daily volume of 7,555 shares, the days-to-cover ratio is presently 2.1 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 7,555 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Investors Weigh In On Global X Russell 2000 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new position in shares of Global X Russell 2000 ETF in the 1st quarter valued at $773,000. Flow Traders U.S. LLC acquired a new stake in Global X Russell 2000 ETF in the second quarter valued at about $461,000. LPL Financial LLC grew its position 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 acquiring an additional 27,784 shares during the last quarter. Finally, Bank of Montreal Can increased its position 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 worth $931,000 after purchasing an additional 4,418 shares in the last quarter.

Global X Russell 2000 ETF Stock Up 1.2%

RSSL stock opened at $102.97 on Friday. The company’s 50-day moving average price is $101.16 and its two-hundred day moving average price is $96.23. The firm has a market cap of $1.40 billion, a P/E ratio of 16.96 and a beta of 1.40. Global X Russell 2000 ETF has a 12 month low of $67.67 and a 12 month high of $106.37.

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.