iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Up 59.7% in February

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 88,500 shares, an increase of 59.7% from the February 13th total of 55,400 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 159,900 shares, the short-interest ratio is currently 0.6 days.

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

NASDAQ:IJT traded up $3.25 on Friday, reaching $124.25. The company’s stock had a trading volume of 186,978 shares, compared to its average volume of 131,859. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $120.32 and a 1-year high of $152.05. The firm has a market cap of $5.90 billion, a PE ratio of 19.15 and a beta of 1.13. The business’s 50-day moving average price is $135.69 and its two-hundred day moving average price is $138.48.

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

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders 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.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Atala Financial Inc acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth about $27,000. Palouse Capital Management Inc. acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth about $31,000. Legacy Bridge LLC boosted its position in shares of 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 buying an additional 100 shares during the period. CarsonAllaria Wealth Management Ltd. boosted its position in shares of 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 buying an additional 134 shares during the period. Finally, Darwin Wealth Management LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the third quarter worth about $39,000. 55.81% of the stock is owned by institutional investors and hedge funds.

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.