Global X Russell 2000 ETF (NYSEARCA:RSSL) Short Interest Up 1,080.3% in June

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 5,996 shares, an increase of 1,080.3% from the June 15th total of 508 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 55,178 shares, the days-to-cover ratio is currently 0.1 days.

Global X Russell 2000 ETF Trading Down 0.5%

Shares of RSSL stock traded down $0.57 during midday trading on Friday, reaching $115.79. 21,921 shares of the stock were exchanged, compared to its average volume of 27,040. Global X Russell 2000 ETF has a 1 year low of $84.34 and a 1 year high of $118.51. The company’s 50 day moving average is $113.42 and its two-hundred day moving average is $105.74. The firm has a market cap of $1.46 billion, a PE ratio of 16.96 and a beta of 1.19.

Institutional Investors Weigh In On Global X Russell 2000 ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of Montreal Can raised its holdings in Global X Russell 2000 ETF by 84.7% in 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. Jane Street Group LLC bought a new stake in shares of Global X Russell 2000 ETF during the 1st quarter valued at $773,000. Private Advisor Group LLC grew its position in shares of Global X Russell 2000 ETF by 70.4% in the 1st quarter. Private Advisor Group LLC now owns 18,698 shares of the company’s stock worth $1,816,000 after buying an additional 7,724 shares during the period. Finally, LPL Financial LLC grew its position in shares of Global X Russell 2000 ETF by 243.7% in the 4th quarter. LPL Financial LLC now owns 39,184 shares of the company’s stock worth $3,785,000 after buying an additional 27,784 shares during the period.

Global X Russell 2000 ETF Company Profile

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.