Short Interest in Small Cap US Equity Select ETF (NASDAQ:RNSC) Declines By 37.5%

Small Cap US Equity Select ETF (NASDAQ:RNSC) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 500 shares, a decline of 37.5% from the October 31st total of 800 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is presently 0.2 days.

Small Cap US Equity Select ETF Trading Down 0.1 %

RNSC stock traded down $0.05 on Thursday, hitting $32.38. 793 shares of the company’s stock traded hands, compared to its average volume of 5,896. The stock has a market cap of $27.52 million, a price-to-earnings ratio of 12.26 and a beta of 1.16. Small Cap US Equity Select ETF has a 1-year low of $25.98 and a 1-year high of $32.96. The stock has a fifty day moving average of $30.48 and a 200-day moving average of $29.25.

Small Cap US Equity Select ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.1361 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.68%.

Institutional Trading of Small Cap US Equity Select ETF

A hedge fund recently raised its stake in Small Cap US Equity Select ETF stock. Archer Investment Corp boosted its position in shares of Small Cap US Equity Select ETF (NASDAQ:RNSC) by 13.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,873 shares of the company’s stock after purchasing an additional 2,290 shares during the period. Archer Investment Corp owned 1.99% of Small Cap US Equity Select ETF worth $520,000 at the end of the most recent reporting period.

Small Cap US Equity Select ETF Company Profile

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.