U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Sees Significant Increase in Short Interest

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 3,911 shares, an increase of 135.6% from the February 12th total of 1,660 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 5,206 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily trading volume, of 5,206 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of U.S. Small Cap Equity Active ETF

A hedge fund recently bought a new stake in U.S. Small Cap Equity Active ETF stock. Baird Financial Group Inc. acquired a new stake in shares of U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 66,344 shares of the company’s stock, valued at approximately $1,830,000. Baird Financial Group Inc. owned approximately 7.37% of U.S. Small Cap Equity Active ETF at the end of the most recent reporting period.

U.S. Small Cap Equity Active ETF Price Performance

Shares of RUSC stock traded down $0.04 on Friday, reaching $31.57. 6,254 shares of the company’s stock were exchanged, compared to its average volume of 6,267. The company’s fifty day simple moving average is $33.17 and its 200 day simple moving average is $31.51. U.S. Small Cap Equity Active ETF has a 52 week low of $25.88 and a 52 week high of $34.43.

U.S. Small Cap Equity Active ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Friday, December 19th. Stockholders of record on Wednesday, December 17th were given a dividend of $0.1191 per share. This represents a dividend yield of 38.0%. The ex-dividend date was Wednesday, December 17th.

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.