iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Large Increase in Short Interest

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 305,848 shares, a growth of 83.3% from the January 29th total of 166,825 shares. Based on an average trading volume of 606,348 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 606,348 shares, the days-to-cover ratio is presently 0.5 days.

iShares Core S&P U.S. Growth ETF Trading Down 0.9%

iShares Core S&P U.S. Growth ETF stock opened at $164.04 on Monday. The firm’s 50 day simple moving average is $167.71 and its 200 day simple moving average is $165.39. The firm has a market capitalization of $26.71 billion, a PE ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 1-year low of $108.91 and a 1-year high of $172.33.

iShares Core S&P U.S. Growth ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $0.2627 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25. This represents a $1.05 annualized dividend and a dividend yield of 0.6%.

Hedge Funds Weigh In On iShares Core S&P U.S. Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $25,000. Realta Investment Advisors raised its stake in iShares Core S&P U.S. Growth ETF by 627.3% in the fourth quarter. Realta Investment Advisors now owns 160 shares of the company’s stock valued at $27,000 after purchasing an additional 138 shares in the last quarter. Financial Life Planners purchased a new stake in iShares Core S&P U.S. Growth ETF in the third quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares Core S&P U.S. Growth ETF during the fourth quarter valued at approximately $34,000. Finally, Evolution Wealth Management Inc. grew its stake in iShares Core S&P U.S. Growth ETF by 53.0% in the 3rd quarter. Evolution Wealth Management Inc. now owns 228 shares of the company’s stock worth $38,000 after buying an additional 79 shares in the last quarter.

About iShares Core S&P U.S. Growth ETF

The iShares Core S&P U.S. Growth ETF (IUSG) is an exchange-traded fund that is based on the S&P 900 Growth index. The fund tracks an index of US large- and mid-cap growth stocks. The index selects from stocks ranked 1-3000 by market cap based on fundamental growth factors. IUSG was launched on Jul 24, 2000 and is managed by BlackRock.