Short Interest in Global X Russell 2000 ETF (NYSEARCA:RSSL) Increases By 128.9%

Global X Russell 2000 ETF (NYSEARCA:RSSL) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 9,457 shares, an increase of 128.9% from the December 31st total of 4,132 shares. Based on an average trading volume of 9,980 shares, the short-interest ratio is currently 0.9 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 9,980 shares, the short-interest ratio is currently 0.9 days.

Global X Russell 2000 ETF Stock Down 1.4%

Shares of RSSL traded down $1.48 on Friday, hitting $101.72. 3,662 shares of the stock traded hands, compared to its average volume of 8,723. Global X Russell 2000 ETF has a 1 year low of $67.67 and a 1 year high of $106.37. The stock’s 50 day moving average is $99.97 and its two-hundred day moving average is $95.23. The firm has a market capitalization of $1.38 billion, a P/E ratio of 16.96 and a beta of 1.40.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of RSSL. Meitav Investment House Ltd. increased its stake in shares of Global X Russell 2000 ETF by 10.3% during the second quarter. Meitav Investment House Ltd. now owns 10,456 shares of the company’s stock valued at $890,000 after acquiring an additional 979 shares during the period. Jane Street Group LLC bought a new stake in Global X Russell 2000 ETF in the first quarter worth approximately $773,000. Finally, Flow Traders U.S. LLC bought a new stake in Global X Russell 2000 ETF during the second quarter worth approximately $461,000.

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.