Short Interest in Global X Russell 2000 ETF (NYSEARCA:RSSL) Drops By 48.6%

Global X Russell 2000 ETF (NYSEARCA:RSSLGet Free Report) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,841 shares, a decrease of 48.6% from the February 26th total of 3,582 shares. Based on an average daily trading volume, of 9,866 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Global X Russell 2000 ETF Trading Down 1.7%

Shares of Global X Russell 2000 ETF stock traded down $1.64 during trading on Friday, hitting $95.50. 15,672 shares of the stock traded hands, compared to its average volume of 18,662. The stock’s fifty day simple moving average is $101.33 and its 200 day simple moving average is $98.40. The firm has a market cap of $1.30 billion, a P/E ratio of 16.96 and a beta of 1.40. Global X Russell 2000 ETF has a 52-week low of $67.67 and a 52-week high of $106.37.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC boosted its stake in shares of Global X Russell 2000 ETF by 243.7% during the fourth quarter. LPL Financial LLC now owns 39,184 shares of the company’s stock valued at $3,785,000 after purchasing an additional 27,784 shares in the last quarter. Jane Street Group LLC bought a new position in Global X Russell 2000 ETF in the first quarter worth approximately $773,000. Bank of Montreal Can raised its stake 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 buying an additional 4,418 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in Global X Russell 2000 ETF during the second quarter worth $461,000.

Global X Russell 2000 ETF Company Profile

(Get Free Report)

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.

Further Reading

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