iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Up 44.5% in January

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 39,600 shares, a growth of 44.5% from the January 15th total of 27,400 shares. Based on an average daily volume of 148,400 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. FMR LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 0.9% in the fourth quarter. FMR LLC now owns 1,355,351 shares of the company’s stock valued at $183,474,000 after buying an additional 12,648 shares in the last quarter. Wells Fargo & Company MN grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 8.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,248,807 shares of the company’s stock worth $169,051,000 after acquiring an additional 93,776 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,023,028 shares of the company’s stock valued at $138,487,000 after buying an additional 3,228 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 10.5% during the 3rd quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock worth $120,485,000 after acquiring an additional 82,307 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 21.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 488,656 shares of the company’s stock valued at $66,149,000 after buying an additional 84,963 shares in the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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

NASDAQ:IJT opened at $139.36 on Friday. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $121.20 and a 1-year high of $152.05. The firm has a market capitalization of $6.62 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13. The company’s 50-day moving average is $139.31 and its two-hundred day moving average is $138.98.

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

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $0.3508 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.