Short Interest in U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Drops By 53.7%

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) was the recipient of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 3,449 shares, a decline of 53.7% from the January 15th total of 7,448 shares. Based on an average daily trading volume, of 7,552 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 7,552 shares, the days-to-cover ratio is currently 0.5 days.

U.S. Small Cap Equity Active ETF Trading Down 2.0%

U.S. Small Cap Equity Active ETF stock opened at $33.39 on Friday. The stock has a 50-day moving average of $32.45 and a two-hundred day moving average of $30.85. U.S. Small Cap Equity Active ETF has a one year low of $25.88 and a one year high of $34.43.

U.S. Small Cap Equity Active ETF Announces Dividend

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

Institutional Inflows and Outflows

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) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 66,344 shares of the company’s stock, valued at approximately $1,830,000. Baird Financial Group Inc. owned about 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 Company Profile

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.