Global X Russell 2000 ETF (NYSEARCA:RSSL) Short Interest Up 67.9% in January

Global X Russell 2000 ETF (NYSEARCA:RSSL) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 15,877 shares, a growth of 67.9% from the January 15th total of 9,457 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 7,555 shares, the days-to-cover ratio is currently 2.1 days. Based on an average daily volume of 7,555 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.1% of the company’s stock are short sold.

Global X Russell 2000 ETF Trading Up 1.2%

Global X Russell 2000 ETF stock opened at $102.97 on Friday. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 16.96 and a beta of 1.40. The firm’s fifty day moving average price is $101.16 and its two-hundred day moving average price is $96.23. Global X Russell 2000 ETF has a 1-year low of $67.67 and a 1-year high of $106.37.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Flow Traders U.S. LLC bought a new stake in Global X Russell 2000 ETF during the second quarter worth $461,000. Jane Street Group LLC bought a new position in Global X Russell 2000 ETF during the 1st quarter valued at $773,000. Bank of Montreal Can boosted its holdings in Global X Russell 2000 ETF by 84.7% during the 4th quarter. Bank of Montreal Can now owns 9,637 shares of the company’s stock worth $931,000 after acquiring an additional 4,418 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of 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 worth $3,785,000 after acquiring an additional 27,784 shares in the last quarter.

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.