Short Interest in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Increases By 33.4%

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 4,014 shares, a growth of 33.4% from the December 15th total of 3,008 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 4,827 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 4,827 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the shares of the company are short sold.

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. Baird Financial Group Inc. acquired a new position in shares of U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 66,344 shares of the company’s stock, valued at approximately $1,830,000. Baird Financial Group Inc. owned approximately 7.37% of U.S. Small Cap Equity Active ETF at the end of the most recent quarter.

U.S. Small Cap Equity Active ETF Trading Down 0.3%

NASDAQ RUSC traded down $0.09 on Monday, reaching $33.22. 8,715 shares of the company’s stock traded hands, compared to its average volume of 5,174. The stock has a 50 day moving average price of $31.33 and a 200-day moving average price of $30.21. U.S. Small Cap Equity Active ETF has a fifty-two week low of $25.88 and a fifty-two week high of $33.41.

U.S. Small Cap Equity Active ETF Dividend Announcement

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

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.