Short Interest in Small Cap US Equity Select ETF (NASDAQ:RNSC) Expands By 600.0%

Small Cap US Equity Select ETF (NASDAQ:RNSC) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 2,100 shares, an increase of 600.0% from the June 30th total of 300 shares. Based on an average trading volume of 9,900 shares, the short-interest ratio is presently 0.2 days.

Small Cap US Equity Select ETF Price Performance

Shares of RNSC traded up $0.39 during mid-day trading on Thursday, reaching $29.98. 2,254 shares of the company’s stock were exchanged, compared to its average volume of 7,904. The stock has a market capitalization of $28.48 million, a PE ratio of 12.26 and a beta of 1.16. The business’s fifty day simple moving average is $28.05 and its 200-day simple moving average is $27.99. Small Cap US Equity Select ETF has a 52-week low of $23.86 and a 52-week high of $30.33.

Small Cap US Equity Select ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a dividend of $0.2329 per share. The ex-dividend date of this dividend was Thursday, June 27th. This is a positive change from Small Cap US Equity Select ETF’s previous quarterly dividend of $0.18. This represents a $0.93 dividend on an annualized basis and a dividend yield of 3.11%.

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.