Global X Russell 2000 ETF (NYSEARCA:RSSL) Sees Significant Decrease in Short Interest

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 508 shares, a decline of 70.8% from the May 31st total of 1,738 shares. Based on an average daily trading volume, of 4,936 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of Global X Russell 2000 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RSSL. Jane Street Group LLC acquired a new position in shares of Global X Russell 2000 ETF in the 1st quarter worth approximately $773,000. Bank of Montreal Can increased 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 worth $931,000 after buying an additional 4,418 shares during the period. Private Advisor Group LLC increased its position 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 worth $1,816,000 after buying an additional 7,724 shares during the period. Finally, LPL Financial LLC raised its stake in 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 worth $3,785,000 after buying an additional 27,784 shares during the last quarter.

Global X Russell 2000 ETF Stock Performance

Shares of RSSL stock traded up $0.19 on Monday, hitting $117.18. The company had a trading volume of 7,626 shares, compared to its average volume of 26,326. Global X Russell 2000 ETF has a twelve month low of $84.34 and a twelve month high of $117.50. The firm has a market cap of $1.54 billion, a P/E ratio of 16.96 and a beta of 1.23. The stock’s 50-day moving average is $111.60 and its two-hundred day moving average is $104.54.

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.