Janus Henderson Mid Cap Growth Alpha ETF (NASDAQ:JMID) Sees Large Decline in Short Interest

Janus Henderson Mid Cap Growth Alpha ETF (NASDAQ:JMID) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 134 shares, a decline of 57.7% from the July 30th total of 317 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,130 shares, the days-to-cover ratio is presently 0.1 days.

Janus Henderson Mid Cap Growth Alpha ETF Price Performance

JMID stock traded down $0.36 during trading hours on Friday, reaching $31.87. 272 shares of the stock were exchanged, compared to its average volume of 5,645. The firm’s 50-day moving average is $31.42 and its 200-day moving average is $30.52. Janus Henderson Mid Cap Growth Alpha ETF has a 12 month low of $27.25 and a 12 month high of $33.06. The company has a market cap of $24.86 million, a price-to-earnings ratio of 19.97 and a beta of 1.14.

Janus Henderson Mid Cap Growth Alpha ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 30th were given a $0.0404 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. This is a boost from Janus Henderson Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.03.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JMID. Royal Bank of Canada grew its stake in shares of Janus Henderson Mid Cap Growth Alpha ETF by 171.4% in the first quarter. Royal Bank of Canada now owns 13,700 shares of the company’s stock valued at $349,000 after buying an additional 8,652 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Janus Henderson Mid Cap Growth Alpha ETF during the 2nd quarter worth $227,000. Quadcap Wealth Management LLC increased its holdings in Janus Henderson Mid Cap Growth Alpha ETF by 7.4% in the 3rd quarter. Quadcap Wealth Management LLC now owns 169,959 shares of the company’s stock valued at $5,127,000 after buying an additional 11,707 shares during the period. International Assets Investment Management LLC bought a new position in Janus Henderson Mid Cap Growth Alpha ETF in the fourth quarter valued at approximately $58,000. Finally, J.W. Cole Advisors Inc. lifted its position in shares of Janus Henderson Mid Cap Growth Alpha ETF by 40.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 18,502 shares of the company’s stock worth $538,000 after buying an additional 5,287 shares during the last quarter.

Janus Henderson Mid Cap Growth Alpha ETF Company Profile

The Janus Henderson Mid Cap Growth Alpha ETF (JMID) is an exchange-traded fund that mostly invests in mid cap equity. The fund is actively managed, seeking long-term capital growth through investments in mid-cap US stocks exhibiting growth characteristics. JMID was launched on Sep 17, 2024 and is issued by Janus Henderson.