Global X Russell 2000 ETF (NYSEARCA:RSSL) Sees Large Drop in Short Interest

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 786 shares, a decrease of 37.9% from the September 15th total of 1,265 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 2,681 shares, the short-interest ratio is presently 0.3 days.

Global X Russell 2000 ETF Stock Down 1.6%

Shares of Global X Russell 2000 ETF stock traded down $1.73 during trading on Friday, reaching $105.79. 1,621 shares of the stock were exchanged, compared to its average volume of 21,076. The stock’s fifty day moving average is $113.22 and its 200 day moving average is $112.04. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 16.96 and a beta of 1.22. 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

A hedge fund recently raised its position in Global X Russell 2000 ETF stock. Private Advisor Group LLC grew its holdings in Global X Russell 2000 ETF (NYSEARCA:RSSL) by 70.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 18,698 shares of the company’s stock after buying an additional 7,724 shares during the quarter. Private Advisor Group LLC owned approximately 0.14% of Global X Russell 2000 ETF worth $1,816,000 at the end of the most recent quarter.

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.