Short Interest in Global X Russell 2000 ETF (NYSEARCA:RSSL) Decreases By 45.1%

Global X Russell 2000 ETF (NYSEARCA:RSSL) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 217 shares, a decline of 45.1% from the April 30th total of 395 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 4,481 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Global X Russell 2000 ETF

A number of hedge funds have recently added to or reduced their stakes in the business. LPL Financial LLC increased its holdings in Global X Russell 2000 ETF by 243.7% in the fourth quarter. LPL Financial LLC now owns 39,184 shares of the company’s stock worth $3,785,000 after purchasing an additional 27,784 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of Global X Russell 2000 ETF by 70.4% during the first quarter. Private Advisor Group LLC now owns 18,698 shares of the company’s stock valued at $1,816,000 after acquiring an additional 7,724 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Global X Russell 2000 ETF during the first quarter valued at approximately $773,000. Finally, Bank of Montreal Can boosted its position in shares of Global X Russell 2000 ETF by 84.7% during the fourth quarter. Bank of Montreal Can now owns 9,637 shares of the company’s stock valued at $931,000 after buying an additional 4,418 shares during the last quarter.

Global X Russell 2000 ETF Price Performance

Shares of Global X Russell 2000 ETF stock traded up $1.06 during midday trading on Tuesday, reaching $114.08. The company had a trading volume of 3,662 shares, compared to its average volume of 25,148. The firm has a market cap of $1.50 billion, a PE ratio of 16.96 and a beta of 1.25. The stock has a fifty day moving average price of $105.90 and a 200 day moving average price of $101.97. Global X Russell 2000 ETF has a fifty-two week low of $81.58 and a fifty-two week high of $114.54.

About Global X Russell 2000 ETF

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.