Global X Russell 2000 ETF (NYSEARCA:RSSL) Short Interest Up 1,080.3% in June

Global X Russell 2000 ETF (NYSEARCA:RSSL) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 5,996 shares, an increase of 1,080.3% from the June 15th total of 508 shares. Based on an average daily trading volume, of 55,178 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Global X Russell 2000 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of RSSL. Bank of Montreal Can lifted its position 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 acquiring an additional 4,418 shares in the last quarter. Jane Street Group LLC purchased a new stake in Global X Russell 2000 ETF during the 1st quarter worth about $773,000. Private Advisor Group LLC raised its stake in Global X Russell 2000 ETF by 70.4% in the 1st 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 last quarter. Finally, LPL Financial LLC raised its stake in Global X Russell 2000 ETF by 243.7% in the 4th 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 last quarter.

Global X Russell 2000 ETF Stock Performance

RSSL stock traded down $0.57 during midday trading on Friday, hitting $115.79. 21,921 shares of the stock were exchanged, compared to its average volume of 27,040. The stock’s 50-day moving average price is $113.42 and its 200-day moving average price is $105.74. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 16.96 and a beta of 1.19. Global X Russell 2000 ETF has a fifty-two week low of $84.34 and a fifty-two week high of $118.51.

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.