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

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 39,000 shares, a growth of 53.5% from the October 15th total of 25,400 shares. Based on an average daily volume of 125,600 shares, the short-interest ratio is presently 0.3 days.

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

A number of large investors have recently added to or reduced their stakes in IJT. TRUE Private Wealth Advisors purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the third quarter worth approximately $931,000. White Knight Strategic Wealth Advisors LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth $213,000. Captrust Financial Advisors grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 0.3% during the third quarter. Captrust Financial Advisors now owns 194,946 shares of the company’s stock worth $27,193,000 after buying an additional 648 shares in the last quarter. Carl P. Sherr & Co. LLC raised its position 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 valued at $734,000 after buying an additional 74 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the third quarter worth about $80,000. 55.81% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of IJT traded down $2.09 during trading hours on Thursday, hitting $143.78. The stock had a trading volume of 147,550 shares, compared to its average volume of 120,731. The firm has a 50-day moving average price of $138.34 and a 200 day moving average price of $134.06. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $110.54 and a fifty-two week high of $149.58. The firm has a market capitalization of $6.72 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13.

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

The firm also recently announced 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.

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.