Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Short Interest Up 203.4% in July

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 29,373 shares, an increase of 203.4% from the June 30th total of 9,682 shares. Based on an average daily volume of 84,546 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Trading of Small/Mid Cap Growth Alpha ETF

Hedge funds have recently made changes to their positions in the business. Trust Co. of Vermont purchased a new position in Small/Mid Cap Growth Alpha ETF in the fourth quarter worth about $59,000. Triumph Capital Management purchased a new position in shares of Small/Mid Cap Growth Alpha ETF in the 3rd quarter worth approximately $59,000. Global Retirement Partners LLC boosted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 27.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock worth $94,000 after purchasing an additional 250 shares during the period. International Assets Investment Management LLC bought a new position in shares of Small/Mid Cap Growth Alpha ETF during the 4th quarter valued at approximately $184,000. Finally, Redhawk Wealth Advisors Inc. bought a new position in shares of Small/Mid Cap Growth Alpha ETF during the 4th quarter valued at approximately $207,000.

Small/Mid Cap Growth Alpha ETF Stock Down 0.4%

Small/Mid Cap Growth Alpha ETF stock traded down $0.34 during mid-day trading on Monday, reaching $94.22. 26,559 shares of the company’s stock traded hands, compared to its average volume of 80,319. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 19.08 and a beta of 1.14. The stock has a 50 day moving average of $96.02 and a two-hundred day moving average of $89.05. Small/Mid Cap Growth Alpha ETF has a 12-month low of $75.30 and a 12-month high of $101.70.

Small/Mid Cap Growth Alpha ETF Increases Dividend

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

Small/Mid Cap Growth Alpha ETF Company Profile

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.