Global X Russell 2000 ETF (NYSEARCA:RSSL) Short Interest Up 700.9% in May

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 1,738 shares, a growth of 700.9% from the May 14th total of 217 shares. Based on an average daily trading volume, of 3,963 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Global X Russell 2000 ETF Stock Up 2.8%

Shares of Global X Russell 2000 ETF stock traded up $3.07 during trading hours on Thursday, reaching $113.58. 8,500 shares of the company’s stock were exchanged, compared to its average volume of 23,892. Global X Russell 2000 ETF has a 1 year low of $81.85 and a 1 year high of $114.61. The company has a market capitalization of $1.49 billion, a P/E ratio of 16.96 and a beta of 1.23. The business has a fifty day moving average of $108.08 and a two-hundred day moving average of $102.95.

Institutional Investors Weigh In On Global X Russell 2000 ETF

A number of hedge funds have recently modified their holdings of the company. Bank of Montreal Can grew its holdings in shares of Global X Russell 2000 ETF by 84.7% in the fourth quarter. Bank of Montreal Can now owns 9,637 shares of the company’s stock valued at $931,000 after purchasing an additional 4,418 shares during the period. Private Advisor Group LLC grew its holdings in shares of Global X Russell 2000 ETF by 70.4% in the first quarter. Private Advisor Group LLC now owns 18,698 shares of the company’s stock valued at $1,816,000 after purchasing an additional 7,724 shares during the period. Jane Street Group LLC purchased a new stake in shares of Global X Russell 2000 ETF in the first quarter valued at about $773,000. Finally, LPL Financial LLC grew its holdings in shares of 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 valued at $3,785,000 after purchasing an additional 27,784 shares during the period.

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.