iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Short Interest Update

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 358,161 shares, an increase of 248.5% from the May 14th total of 102,763 shares. Based on an average trading volume of 507,374 shares, the short-interest ratio is currently 0.7 days. Approximately 0.6% of the company’s stock are sold short.

iShares S&P Small-Cap 600 Value ETF Price Performance

NYSEARCA IJS traded up $1.43 during trading hours on Friday, reaching $135.46. 253,707 shares of the company’s stock traded hands, compared to its average volume of 491,851. iShares S&P Small-Cap 600 Value ETF has a 52-week low of $95.98 and a 52-week high of $136.18. The firm has a market cap of $8.29 billion, a PE ratio of 13.92 and a beta of 1.00. The firm has a 50-day simple moving average of $127.86 and a 200 day simple moving average of $122.05.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Merrithew & Thorsten Inc purchased a new position in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC purchased a new position in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $26,000. Assetmark Inc. lifted its position in iShares S&P Small-Cap 600 Value ETF by 138.8% during the 1st quarter. Assetmark Inc. now owns 234 shares of the company’s stock valued at $28,000 after acquiring an additional 136 shares during the period. Accredited Wealth Management LLC lifted its position in iShares S&P Small-Cap 600 Value ETF by 409.6% during the 3rd quarter. Accredited Wealth Management LLC now owns 265 shares of the company’s stock valued at $29,000 after acquiring an additional 213 shares during the period. Finally, Capital Investment Counsel Inc purchased a new position in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $30,000. 71.86% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Value ETF Company Profile

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.