Small Cap Growth Alpha ETF (NASDAQ:JSML) Sees Large Decline in Short Interest

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the recipient of a large decline in short interest in August. As of August 15th, there was short interest totaling 1,900 shares, adeclineof98.0% from the July 31st total of 95,400 shares. Based on an average trading volume of 14,100 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 14,100 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in JSML. Geneos Wealth Management Inc. increased its position in Small Cap Growth Alpha ETF by 328.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 668 shares of the company’s stock valued at $45,000 after buying an additional 512 shares in the last quarter. Harbour Investments Inc. acquired a new position in Small Cap Growth Alpha ETF during the 1st quarter valued at about $113,000. Farther Finance Advisors LLC acquired a new position in Small Cap Growth Alpha ETF during the 1st quarter valued at about $121,000. Napatree Capital LLC acquired a new position in Small Cap Growth Alpha ETF during the 1st quarter valued at about $246,000. Finally, IHT Wealth Management LLC acquired a new position in Small Cap Growth Alpha ETF during the 2nd quarter valued at about $247,000.

Small Cap Growth Alpha ETF Trading Down 0.0%

JSML opened at $72.10 on Thursday. The firm has a market cap of $193.23 million, a price-to-earnings ratio of 18.21 and a beta of 1.28. Small Cap Growth Alpha ETF has a 12 month low of $52.84 and a 12 month high of $74.37. The stock has a fifty day moving average price of $69.28 and a 200-day moving average price of $64.59.

Small Cap Growth Alpha ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 7th. Stockholders of record on Monday, June 30th were given a $0.2068 dividend. This represents a $0.83 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, June 30th.

About Small Cap Growth Alpha ETF

The Janus Henderson Small Cap Growth Alpha ETF (JSML) is an exchange-traded fund that is based on the Janus Small Cap Growth Alpha index. The fund tracks a market cap-weighted index of US small cap stocks selected by fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Venture Fund.