Short Interest in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Expands By 139.7%

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 93,500 shares, a growth of 139.7% from the October 31st total of 39,000 shares. Based on an average trading volume of 122,200 shares, the days-to-cover ratio is currently 0.8 days.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.3 %

Shares of NASDAQ:IJT traded up $0.41 during trading on Friday, reaching $149.53. The stock had a trading volume of 42,656 shares, compared to its average volume of 120,389. The stock has a market cap of $6.99 billion, a P/E ratio of 14.69 and a beta of 1.13. The business has a fifty day moving average price of $141.01 and a 200-day moving average price of $135.47. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $111.21 and a fifty-two week high of $152.05.

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

The business also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a $0.5237 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Inflows and Outflows

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

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.