On-loan from Fulham, Davis told Rangers News: "Although I was playing top-flight football in England I see coming here as a step forward in my career.
"This is a massive club and Rangers are competing well in all competitions they are in.
"It's just great for me to be a small part of it."
Davis, who was at Ibrox as a schoolboy, added: "As far as I'm concerned this is just a loan move at the moment so I am just going to try and enjoy it as much as possible.
"In the time I am here, hopefully I can help the club achieve its goals, bring silverware back to Ibrox then perhaps take things from there."