Small Cap US Equity Select ETF (NASDAQ:RNSC) Short Interest Update

Posted by Defense World Staff on Nov 16th, 2024

Small Cap US Equity Select ETF (NASDAQ:RNSC – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 800 shares, an increase of 60.0% from the October 15th total of 500 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 0.3 days.

Small Cap US Equity Select ETF Stock Performance

Shares of NASDAQ RNSC opened at $31.11 on Friday. The firm has a market cap of $26.44 million, a PE ratio of 12.26 and a beta of 1.16. The firm has a fifty day moving average of $30.02 and a 200 day moving average of $28.98. Small Cap US Equity Select ETF has a one year low of $25.86 and a one year high of $32.37.

Small Cap US Equity Select ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.1361 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Small Cap US Equity Select ETF stock. Archer Investment Corp grew its stake in shares of Small Cap US Equity Select ETF (NASDAQ:RNSC – Free Report) by 13.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,873 shares of the company’s stock after purchasing an additional 2,290 shares during the quarter. Archer Investment Corp owned approximately 1.99% of Small Cap US Equity Select ETF worth $520,000 as of its most recent filing with the Securities and Exchange Commission.

About Small Cap US Equity Select ETF

(Get Free Report)

The First Trust Small Cap US Equity Select ETF (RNSC) is an exchange-traded fund that is based on the Nasdaq Riskalyze US Small Cap index. The fund tracks a dividend-selected, tier-weighted index of small-cap US equities. RNSC was launched on Jun 20, 2017 and is managed by First Trust.