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) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 39,000 shares, an increase of 53.5% from the October 15th total of 25,400 shares. Based on an average trading volume of 125,600 shares, the days-to-cover ratio is presently 0.3 days.

iShares S&P Small-Cap 600 Growth ETF Price Performance

Shares of IJT stock opened at $142.31 on Friday. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $110.54 and a 1-year high of $149.58. The firm’s 50-day simple moving average is $138.57 and its 200-day simple moving average is $134.17. The firm has a market cap of $6.65 billion, a P/E ratio of 14.69 and a beta of 1.13.

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

The business also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were paid a dividend of $0.5237 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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

Several institutional investors have recently made changes to their positions in IJT. International Assets Investment Management LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the second quarter valued at $27,000. Legacy Bridge LLC lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 73.5% in the 3rd quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock valued at $33,000 after purchasing an additional 100 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth approximately $31,000. Ashton Thomas Securities LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $36,000. Finally, Cedar Mountain Advisors LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at approximately $33,000. 55.81% of the stock is owned by hedge funds and other institutional investors.

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.