Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Short Interest Update

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 11,303 shares, a decrease of 61.5% from the July 15th total of 29,373 shares. Based on an average daily volume of 64,116 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Small/Mid Cap Growth Alpha ETF Stock Performance

Shares of JSMD stock traded up $0.49 during mid-day trading on Friday, reaching $97.75. 35,236 shares of the company were exchanged, compared to its average volume of 79,103. The business’s 50 day simple moving average is $96.43 and its 200 day simple moving average is $89.95. The company has a market capitalization of $1.11 billion, a P/E ratio of 19.08 and a beta of 1.15. Small/Mid Cap Growth Alpha ETF has a fifty-two week low of $75.30 and a fifty-two week high of $101.70.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.0819 per share. This is a positive change from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, June 30th. This represents a $0.33 dividend on an annualized basis and a yield of 0.3%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Triumph Capital Management acquired a new stake in shares of Small/Mid Cap Growth Alpha ETF in the 3rd quarter valued at about $59,000. Global Retirement Partners LLC grew its stake in Small/Mid Cap Growth Alpha ETF by 27.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock worth $94,000 after purchasing an additional 250 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Small/Mid Cap Growth Alpha ETF in the fourth quarter worth about $184,000. Pacific Wealth Strategies Group Inc. acquired a new position in Small/Mid Cap Growth Alpha ETF in the first quarter worth about $274,000. Finally, Sigma Planning Corp bought a new stake in Small/Mid Cap Growth Alpha ETF in the fourth quarter valued at about $319,000.

About Small/Mid Cap Growth Alpha ETF

The Janus Henderson Small\u002FMid Cap Growth Alpha ETF (JSMD) is an exchange-traded fund that is based on the Janus Small Mid Cap Growth Alpha index. The fund tracks an index of US small- and mid-cap stocks with strong fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Triton Fund. JSMD was launched on Feb 25, 2016 and is managed by Janus Henderson.