Short Interest in Janus Henderson Income ETF (NYSEARCA:JIII) Rises By 138.4%

Janus Henderson Income ETF (NYSEARCA:JIII) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 21,960 shares, a growth of 138.4% from the May 14th total of 9,213 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily volume of 19,660 shares, the days-to-cover ratio is presently 1.1 days.

Janus Henderson Income ETF Stock Down 0.0%

JIII traded down $0.01 on Friday, reaching $49.80. The company’s stock had a trading volume of 4,992 shares, compared to its average volume of 15,903. The stock has a 50 day moving average of $49.85 and a two-hundred day moving average of $50.27. The company has a market capitalization of $166.83 million, a price-to-earnings ratio of 22.21 and a beta of 0.12. Janus Henderson Income ETF has a fifty-two week low of $49.20 and a fifty-two week high of $51.64.

Hedge Funds Weigh In On Janus Henderson Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Townsend & Associates Inc boosted its holdings in Janus Henderson Income ETF by 1.6% in the fourth quarter. Townsend & Associates Inc now owns 889,725 shares of the company’s stock valued at $45,073,000 after purchasing an additional 13,979 shares in the last quarter. Hidden Cove Wealth Management LLC acquired a new position in Janus Henderson Income ETF in the fourth quarter valued at approximately $1,681,000. Prevail Innovative Wealth Advisors LLC acquired a new position in Janus Henderson Income ETF in the fourth quarter valued at approximately $3,486,000. QTR Family Wealth LLC acquired a new position in Janus Henderson Income ETF in the fourth quarter valued at approximately $1,498,000. Finally, NewEdge Advisors LLC acquired a new position in Janus Henderson Income ETF in the first quarter valued at approximately $11,256,000.

Janus Henderson Income ETF Company Profile

The Janus Henderson Income ETF (JIII) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities of any credit quality and maturity issued by governments and corporations from around the globe. The fund seeks high current income with a secondary focus on capital appreciation. JIII was launched on Nov 12, 2024 and is issued by Janus Henderson.