Short Interest in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Decreases By 64.7%

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 1,382 shares, a decline of 64.7% from the February 26th total of 3,911 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 4,931 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 4,931 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On U.S. Small Cap Equity Active ETF

A hedge fund recently bought a new stake in U.S. Small Cap Equity Active ETF stock. Envestnet Portfolio Solutions Inc. bought a new stake in shares of U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 30,724 shares of the company’s stock, valued at approximately $956,000. Envestnet Portfolio Solutions Inc. owned approximately 1.71% of U.S. Small Cap Equity Active ETF at the end of the most recent quarter.

U.S. Small Cap Equity Active ETF Trading Up 0.8%

Shares of U.S. Small Cap Equity Active ETF stock opened at $32.10 on Wednesday. U.S. Small Cap Equity Active ETF has a 1 year low of $25.88 and a 1 year high of $34.43. The firm’s 50-day moving average is $33.08 and its two-hundred day moving average is $31.62.

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.