iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Up 116.3% in April

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJTGet Rating) was the target of a large growth in short interest in April. As of April 30th, there was short interest totalling 74,400 shares, a growth of 116.3% from the April 15th total of 34,400 shares. Based on an average daily trading volume, of 129,300 shares, the days-to-cover ratio is presently 0.6 days.

Institutional investors and hedge funds have recently bought and sold shares of the company. EPG Wealth Management LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $25,000. BerganKDV Wealth Management LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at about $26,000. Concord Wealth Partners bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at about $28,000. Andrew Hill Investment Advisors Inc. bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at about $31,000. Finally, MV Capital Management Inc. boosted its position in iShares S&P Small-Cap 600 Growth ETF by 169.1% during the first quarter. MV Capital Management Inc. now owns 253 shares of the company’s stock valued at $32,000 after purchasing an additional 159 shares in the last quarter.

Shares of IJT traded up $1.68 during midday trading on Friday, reaching $109.39. 130 shares of the stock were exchanged, compared to its average volume of 151,691. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $105.27 and a 52 week high of $144.69. The company’s 50 day moving average is $120.48 and its two-hundred day moving average is $128.13.

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 30th. Stockholders of record on Friday, March 25th were given a dividend of $0.221 per share. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Thursday, March 24th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.81%.

iShares S&P Small-Cap 600 Growth ETF Company Profile (Get Rating)

iShares S&P Small-Cap 600 Growth ETF, formerly iShares S&P SmallCap 600 Growth Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest growth characteristics.

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