Short Interest in Global X Russell 2000 ETF (NYSEARCA:RSSL) Drops By 45.0%

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 1,190 shares, a decline of 45.0% from the August 15th total of 2,162 shares. Based on an average daily volume of 11,324 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Global X Russell 2000 ETF Stock Down 0.8%

RSSL traded down $0.91 during trading on Tuesday, reaching $111.87. The stock had a trading volume of 640 shares, compared to its average volume of 23,211. The stock has a 50 day moving average of $115.93 and a two-hundred day moving average of $110.30. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 16.96 and a beta of 1.19. Global X Russell 2000 ETF has a 1-year low of $89.95 and a 1-year high of $119.41.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Global X Russell 2000 ETF stock. Private Advisor Group LLC boosted its holdings in Global X Russell 2000 ETF (NYSEARCA:RSSL) by 70.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,698 shares of the company’s stock after acquiring an additional 7,724 shares during the quarter. Private Advisor Group LLC owned about 0.14% of Global X Russell 2000 ETF worth $1,816,000 as of its most recent SEC filing.

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.