iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Up 39.9% in February

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 55,400 shares, an increase of 39.9% from the January 31st total of 39,600 shares. Based on an average daily trading volume, of 143,200 shares, the days-to-cover ratio is presently 0.4 days.

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

iShares S&P Small-Cap 600 Growth ETF stock traded down $1.68 during mid-day trading on Tuesday, reaching $127.77. The company’s stock had a trading volume of 369,639 shares, compared to its average volume of 127,679. The company has a market capitalization of $6.07 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $121.20 and a 12 month high of $152.05. The business’s 50 day simple moving average is $137.77 and its 200 day simple moving average is $139.21.

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

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

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

A number of institutional investors have recently bought and sold shares of the business. Atala Financial Inc bought a new position in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth $27,000. Palouse Capital Management Inc. acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth approximately $31,000. Legacy Bridge LLC lifted its position in iShares S&P Small-Cap 600 Growth ETF by 73.5% during the third quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock worth $33,000 after acquiring an additional 100 shares during the last quarter. CarsonAllaria Wealth Management Ltd. lifted its position in iShares S&P Small-Cap 600 Growth ETF by 105.5% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 261 shares of the company’s stock worth $35,000 after acquiring an additional 134 shares during the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth approximately $36,000. Institutional investors and hedge funds own 55.81% of the company’s stock.

About iShares S&P Small-Cap 600 Growth ETF

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.