Global X Russell 2000 ETF (NYSEARCA:RSSL) Sees Significant Increase in Short Interest

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 9,457 shares, an increase of 128.9% from the December 31st total of 4,132 shares. Based on an average trading volume of 9,980 shares, the short-interest ratio is currently 0.9 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 9,980 shares, the short-interest ratio is currently 0.9 days.

Global X Russell 2000 ETF Stock Performance

RSSL traded down $1.48 during mid-day trading on Friday, reaching $101.72. 3,662 shares of the stock were exchanged, compared to its average volume of 8,723. Global X Russell 2000 ETF has a 1 year low of $67.67 and a 1 year high of $106.37. The stock has a market capitalization of $1.38 billion, a PE ratio of 16.96 and a beta of 1.40. The company has a 50 day moving average price of $99.97 and a two-hundred day moving average price of $95.23.

Institutional Investors Weigh In On Global X Russell 2000 ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Meitav Investment House Ltd. increased its stake in Global X Russell 2000 ETF by 10.3% in the 2nd quarter. Meitav Investment House Ltd. now owns 10,456 shares of the company’s stock valued at $890,000 after buying an additional 979 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Global X Russell 2000 ETF in the 1st quarter worth approximately $773,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Global X Russell 2000 ETF in the second quarter valued at approximately $461,000.

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.