Short Interest in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Grows By 195.4%

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totaling 70,900 shares, anincreaseof195.4% from the July 31st total of 24,000 shares. Based on an average daily trading volume, of 105,100 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 105,100 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Angeles Wealth Management LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth $27,000. Centennial Bank AR bought a new position in iShares S&P Small-Cap 600 Growth ETF in the first quarter worth about $29,000. Quaker Wealth Management LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 200.5% in the second quarter. Quaker Wealth Management LLC now owns 219 shares of the company’s stock worth $29,000 after purchasing an additional 437 shares in the last quarter. CX Institutional purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the first quarter worth about $30,000. Finally, Beacon Capital Management LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 803.3% during the second quarter. Beacon Capital Management LLC now owns 271 shares of the company’s stock worth $36,000 after acquiring an additional 241 shares during the last quarter. Institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Trading Down 0.0%

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $141.39 on Friday. The company’s fifty day simple moving average is $136.81 and its two-hundred day simple moving average is $129.57. The company has a market cap of $6.36 billion, a P/E ratio of 20.21 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $107.38 and a 12-month high of $152.05.

iShares S&P Small-Cap 600 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were paid a dividend of $0.2939 per share. The ex-dividend date was Monday, June 16th. This represents a $1.18 annualized dividend and a yield of 0.8%.

iShares S&P Small-Cap 600 Growth ETF Company Profile

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.