iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Sees Significant Increase in Short Interest

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 83,462 shares, an increase of 32.3% from the December 15th total of 63,094 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 79,830 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 79,830 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.2% of the company’s stock are short sold.

iShares S&P Small-Cap 600 Growth ETF Stock Down 0.2%

NASDAQ:IJT traded down $0.23 during trading hours on Monday, reaching $150.75. 82,789 shares of the stock were exchanged, compared to its average volume of 117,781. The stock has a market capitalization of $6.70 billion, a P/E ratio of 20.21 and a beta of 1.09. The firm has a 50 day simple moving average of $143.18 and a 200-day simple moving average of $140.48. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $107.38 and a 52 week high of $151.71.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.4214 per share. This represents a $1.69 dividend on an annualized basis and a dividend yield of 1.1%. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Investors Weigh In On iShares S&P Small-Cap 600 Growth ETF

Institutional investors have recently modified their holdings of the business. Brown Advisory Inc. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 59.0% in the second quarter. Brown Advisory Inc. now owns 471,121 shares of the company’s stock valued at $62,678,000 after acquiring an additional 174,750 shares during the period. World Investment Advisors lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 968.9% in the 2nd quarter. World Investment Advisors now owns 179,400 shares of the company’s stock worth $23,867,000 after purchasing an additional 162,617 shares during the last quarter. Laurel Wealth Advisors LLC boosted its position in iShares S&P Small-Cap 600 Growth ETF by 13,193.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 134,000 shares of the company’s stock valued at $17,827,000 after purchasing an additional 132,992 shares during the period. M&T Bank Corp grew its stake in iShares S&P Small-Cap 600 Growth ETF by 31.2% during the 3rd quarter. M&T Bank Corp now owns 550,176 shares of the company’s stock worth $77,850,000 after buying an additional 130,915 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in iShares S&P Small-Cap 600 Growth ETF by 27.2% during the 3rd quarter. Raymond James Financial Inc. now owns 460,368 shares of the company’s stock worth $65,142,000 after buying an additional 98,568 shares during the last quarter. Institutional investors 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.