Global X Russell 2000 ETF (NYSEARCA:RSSL) Short Interest Down 45.0% in August

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

Global X Russell 2000 ETF Price Performance

Shares of NYSEARCA RSSL traded down $0.91 during trading hours on Tuesday, hitting $111.87. 640 shares of the company’s stock were exchanged, compared to its average volume of 23,211. Global X Russell 2000 ETF has a 1-year low of $89.95 and a 1-year high of $119.41. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 16.96 and a beta of 1.19. The company’s 50-day moving average price is $115.93 and its 200-day moving average price is $110.30.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Global X Russell 2000 ETF stock. Private Advisor Group LLC raised its holdings in shares of Global X Russell 2000 ETF (NYSEARCA:RSSL) by 70.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,698 shares of the company’s stock after buying 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.

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.