Short Interest in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Decreases By 32.0%

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 3,252 shares, a decrease of 32.0% from the August 15th total of 4,779 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 6,837 shares, the days-to-cover ratio is presently 0.5 days.

U.S. Small Cap Equity Active ETF Price Performance

RUSC stock opened at $37.09 on Friday. U.S. Small Cap Equity Active ETF has a twelve month low of $28.87 and a twelve month high of $39.30. The company’s 50 day moving average is $38.12 and its two-hundred day moving average is $36.29.

Institutional Investors Weigh In On U.S. Small Cap Equity Active ETF

A hedge fund recently raised its position in U.S. Small Cap Equity Active ETF stock. Bank of New York Mellon Corp boosted its stake in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) by 17.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,928 shares of the company’s stock after acquiring an additional 1,316 shares during the period. Bank of New York Mellon Corp owned about 0.56% of U.S. Small Cap Equity Active ETF worth $286,000 as of its most recent SEC filing.

About U.S. Small Cap Equity Active ETF

Russell Investments Exchange Traded Funds – U.S. Small Cap Equity Active ETF is an exchange traded fund launched and managed by Russell Investment Management, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth, value and volatility stocks of small-cap companies, within the market capitalization range of the Russell 2000 Index. The fund employs quantitative analysis to create its portfolio.