Short Interest in Global X Russell 2000 ETF (NYSEARCA:RSSL) Grows By 405.8%

Global X Russell 2000 ETF (NYSEARCA:RSSL) saw a significant growth in short interest in the month of 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. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 35,373 shares, the short-interest ratio is currently 0.9 days.

Global X Russell 2000 ETF Stock Performance

Shares of RSSL stock traded down $0.35 on Friday, reaching $113.96. 977 shares of the company were exchanged, compared to its average volume of 26,801. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 16.96 and a beta of 1.19. The business has a 50-day moving average price of $114.33 and a 200 day moving average price of $106.92. Global X Russell 2000 ETF has a 1 year low of $84.34 and a 1 year high of $118.51.

Institutional Investors Weigh In On Global X Russell 2000 ETF

Several large investors have recently bought and sold shares of RSSL. LPL Financial LLC raised its holdings in shares of Global X Russell 2000 ETF by 243.7% during 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. Private Advisor Group LLC boosted its stake in shares of Global X Russell 2000 ETF by 70.4% in the first quarter. Private Advisor Group LLC now owns 18,698 shares of the company’s stock worth $1,816,000 after acquiring an additional 7,724 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Global X Russell 2000 ETF during the first quarter worth approximately $773,000. Finally, Bank of Montreal Can increased its position in shares of Global X Russell 2000 ETF by 84.7% during the fourth 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.

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.