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

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 93,500 shares, an increase of 139.7% from the October 31st total of 39,000 shares. Based on an average daily volume of 122,200 shares, the short-interest ratio is presently 0.8 days.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Carl P. Sherr & Co. LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 1.4% in the third quarter. Carl P. Sherr & Co. LLC now owns 5,261 shares of the company’s stock worth $734,000 after acquiring an additional 74 shares during the last quarter. Breakwater Capital Group grew its stake in iShares S&P Small-Cap 600 Growth ETF by 3.0% in the second quarter. Breakwater Capital Group now owns 2,745 shares of the company’s stock worth $353,000 after purchasing an additional 80 shares in the last quarter. Stevens Capital Partners grew its stake in iShares S&P Small-Cap 600 Growth ETF by 1.0% during the 3rd quarter. Stevens Capital Partners now owns 8,245 shares of the company’s stock worth $1,150,000 after buying an additional 81 shares during the last quarter. Citizens Financial Group Inc. RI grew its stake in iShares S&P Small-Cap 600 Growth ETF by 2.0% during the 1st quarter. Citizens Financial Group Inc. RI now owns 4,418 shares of the company’s stock worth $578,000 after buying an additional 86 shares during the last quarter. Finally, Pure Financial Advisors LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 4.4% in the third quarter. Pure Financial Advisors LLC now owns 2,158 shares of the company’s stock worth $301,000 after purchasing an additional 91 shares in the last quarter. 55.81% of the stock is owned by institutional investors and hedge funds.

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

Shares of iShares S&P Small-Cap 600 Growth ETF stock traded up $0.01 during trading on Thursday, hitting $149.12. 79,572 shares of the stock traded hands, compared to its average volume of 120,728. The firm has a market cap of $6.97 billion, a P/E ratio of 14.69 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $111.02 and a 52-week high of $152.05. The stock’s fifty day simple moving average is $140.63 and its 200 day simple moving average is $135.24.

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

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.5237 per share. The ex-dividend date was Wednesday, September 25th.

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.