iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Down 64.4% in December

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 51,500 shares, a drop of 64.4% from the December 15th total of 144,700 shares. Based on an average daily trading volume, of 144,800 shares, the days-to-cover ratio is currently 0.4 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of IJT. Choreo LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 109.5% in the second quarter. Choreo LLC now owns 5,245 shares of the company’s stock worth $670,000 after buying an additional 2,742 shares during the last quarter. One Capital Management LLC raised its position in iShares S&P Small-Cap 600 Growth ETF by 0.4% in the second quarter. One Capital Management LLC now owns 326,869 shares of the company’s stock worth $41,980,000 after acquiring an additional 1,291 shares during the period. Citizens Financial Group Inc. RI boosted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 32.6% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 5,860 shares of the company’s stock worth $753,000 after acquiring an additional 1,442 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 195.0% during the 2nd quarter. Renaissance Technologies LLC now owns 5,900 shares of the company’s stock valued at $758,000 after acquiring an additional 3,900 shares during the period. Finally, Moors & Cabot Inc. increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 26.9% in the 2nd quarter. Moors & Cabot Inc. now owns 7,851 shares of the company’s stock worth $1,008,000 after purchasing an additional 1,666 shares in the last quarter. 55.81% of the stock is owned by institutional investors.

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

Shares of IJT traded up $0.16 during mid-day trading on Monday, hitting $134.15. 139,484 shares of the company traded hands, compared to its average volume of 145,612. The stock has a market cap of $6.40 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13. The stock has a 50-day moving average price of $142.52 and a two-hundred day moving average price of $137.93. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $118.72 and a 1 year high of $152.05.

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

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given 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.