iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Sees Significant Increase in Short Interest

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 83,462 shares, a growth of 32.3% from the December 15th total of 63,094 shares. Based on an average trading volume of 79,830 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 79,830 shares, the days-to-cover ratio is presently 1.0 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Atlantic Union Bankshares Corp purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the second quarter worth about $71,000. Twelve Points Wealth Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at approximately $211,000. San Luis Wealth Advisors LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at approximately $4,000,000. Janney Montgomery Scott LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.3% during the second quarter. Janney Montgomery Scott LLC now owns 27,804 shares of the company’s stock valued at $3,699,000 after acquiring an additional 84 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 1.9% in the 2nd quarter. Bank of Montreal Can now owns 35,380 shares of the company’s stock worth $4,707,000 after acquiring an additional 657 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 0.2%

iShares S&P Small-Cap 600 Growth ETF stock opened at $150.75 on Tuesday. The firm has a market cap of $6.70 billion, a P/E ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $107.38 and a 1-year high of $151.71. The firm has a 50-day moving average of $143.38 and a 200-day moving average of $140.59.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.4214 dividend. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.31. The ex-dividend date was Tuesday, December 16th. This represents a $1.69 annualized dividend and a yield of 1.1%.

About iShares S&P Small-Cap 600 Growth ETF

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.