iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Short Interest Down 14.8% in January

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 89,899 shares, a decline of 14.8% from the December 31st total of 105,463 shares. Based on an average trading volume of 586,400 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 586,400 shares, the days-to-cover ratio is presently 0.2 days.

iShares S&P Small-Cap 600 Value ETF Stock Down 0.3%

Shares of IJS opened at $121.10 on Monday. The business’s 50 day moving average is $117.06 and its two-hundred day moving average is $111.38. The firm has a market cap of $7.46 billion, a price-to-earnings ratio of 13.92 and a beta of 1.08. iShares S&P Small-Cap 600 Value ETF has a 52-week low of $82.10 and a 52-week high of $125.11.

Institutional Trading of iShares S&P Small-Cap 600 Value ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Avantax Advisory Services Inc. lifted its stake in iShares S&P Small-Cap 600 Value ETF by 52.7% during the second quarter. Avantax Advisory Services Inc. now owns 148,729 shares of the company’s stock valued at $14,797,000 after buying an additional 51,300 shares in the last quarter. Advisors Capital Management LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 2nd quarter valued at $302,000. Brown Advisory Inc. boosted its position in iShares S&P Small-Cap 600 Value ETF by 684.9% during the second quarter. Brown Advisory Inc. now owns 108,548 shares of the company’s stock valued at $10,799,000 after purchasing an additional 94,719 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 2nd quarter valued at approximately $1,763,000. Finally, Cordatus Wealth Management LLC bought a new stake in iShares S&P Small-Cap 600 Value ETF in the third quarter worth approximately $8,671,000. 71.86% of the stock is owned by institutional investors and hedge funds.

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

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.