Small Cap Growth Alpha ETF (NASDAQ:JSML) Shares Shorted: Short Interest Up 686.4% in October

Small Cap Growth Alpha ETF (NASDAQ:JSML) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 18,857 shares, an increase of 686.4% from the October 15th total of 2,398 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 19,120 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of Small Cap Growth Alpha ETF

Institutional investors have recently made changes to their positions in the company. Private Advisor Group LLC grew its position in Small Cap Growth Alpha ETF by 2.8% in the third quarter. Private Advisor Group LLC now owns 124,314 shares of the company’s stock worth $10,682,000 after acquiring an additional 3,366 shares during the period. PCG Wealth Advisors LLC acquired a new position in shares of Small Cap Growth Alpha ETF in the 3rd quarter valued at $740,000. Kestra Advisory Services LLC lifted its stake in shares of Small Cap Growth Alpha ETF by 36.4% in the 3rd quarter. Kestra Advisory Services LLC now owns 33,519 shares of the company’s stock valued at $2,880,000 after purchasing an additional 8,937 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in shares of Small Cap Growth Alpha ETF during the 3rd quarter worth $11,784,000. Finally, Choreo LLC grew its holdings in shares of Small Cap Growth Alpha ETF by 209.5% during the 3rd quarter. Choreo LLC now owns 174,632 shares of the company’s stock worth $15,015,000 after purchasing an additional 118,214 shares during the period.

Small Cap Growth Alpha ETF Stock Down 0.1%

Shares of JSML opened at $88.50 on Wednesday. Small Cap Growth Alpha ETF has a 52-week low of $66.97 and a 52-week high of $98.01. The company has a market capitalization of $376.12 million, a PE ratio of 20.52 and a beta of 1.30. The stock has a fifty day simple moving average of $86.91 and a two-hundred day simple moving average of $83.56.

Small Cap Growth Alpha ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were paid a $0.0538 dividend. This is a positive change from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.0463. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.22 annualized dividend and a dividend yield of 0.2%.

About Small Cap Growth Alpha ETF

The Janus Henderson Small Cap Growth Alpha ETF (JSML) is an exchange-traded fund that is based on the Janus Small Cap Growth Alpha index. The fund tracks a market cap-weighted index of US small cap stocks selected by fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Venture Fund. JSML was launched on Feb 25, 2016 and is managed by Janus Henderson.