U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Short Interest Down 53.7% in January

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 3,449 shares, a drop of 53.7% from the January 15th total of 7,448 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 7,552 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 7,552 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On U.S. Small Cap Equity Active ETF

An institutional investor recently bought a new position in U.S. Small Cap Equity Active ETF stock. Envestnet Portfolio Solutions Inc. purchased a new stake in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 30,724 shares of the company’s stock, valued at approximately $956,000. Envestnet Portfolio Solutions Inc. owned 1.71% of U.S. Small Cap Equity Active ETF as of its most recent SEC filing.

U.S. Small Cap Equity Active ETF Price Performance

NASDAQ RUSC traded down $0.01 on Thursday, reaching $34.08. The stock had a trading volume of 9,940 shares, compared to its average volume of 6,780. U.S. Small Cap Equity Active ETF has a 12-month low of $25.88 and a 12-month high of $34.43. The business’s 50-day moving average price is $32.42 and its 200 day moving average price is $30.83.

U.S. Small Cap Equity Active ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Friday, December 19th. Investors of record on Wednesday, December 17th were paid a dividend of $0.1191 per share. The ex-dividend date was Wednesday, December 17th. This represents a 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.