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

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 7,448 shares, an increase of 85.6% from the December 31st total of 4,014 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 4,703 shares, the days-to-cover ratio is currently 1.6 days. Based on an average trading volume of 4,703 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.5% of the shares of the stock are sold short.

U.S. Small Cap Equity Active ETF Stock Down 0.8%

RUSC traded down $0.26 on Friday, hitting $32.76. 4,148 shares of the company’s stock traded hands, compared to its average volume of 6,352. The company’s 50 day simple moving average is $31.99 and its 200-day simple moving average is $30.53. U.S. Small Cap Equity Active ETF has a one year low of $25.88 and a one year high of $34.02.

U.S. Small Cap Equity Active ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 19th. Stockholders of record on Wednesday, December 17th were issued a $0.1191 dividend. This represents a dividend yield of 38.0%. The ex-dividend date of this dividend was Wednesday, December 17th.

Institutional Trading of 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. bought a new position in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 66,344 shares of the company’s stock, valued at approximately $1,830,000. Baird Financial Group Inc. owned 7.37% of U.S. Small Cap Equity Active ETF as of its most recent filing with the SEC.

U.S. Small Cap Equity Active ETF Company Profile

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.