iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Down 64.4% in December

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 51,500 shares, a decrease of 64.4% from the December 15th total of 144,700 shares. Based on an average daily volume of 144,800 shares, the days-to-cover ratio is presently 0.4 days.

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

Several hedge funds have recently modified their holdings of the company. Royal Fund Management LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at approximately $24,955,000. Christopher J. Hasenberg Inc bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the third quarter worth $22,611,000. LPL Financial LLC increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 10.5% in the third quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock valued at $120,485,000 after purchasing an additional 82,307 shares during the period. Riggs Asset Managment Co. Inc. bought a new position in iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth $8,887,000. Finally, Gemmer Asset Management LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth about $6,171,000. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Price Performance

NASDAQ:IJT traded up $0.16 during trading hours on Monday, hitting $134.15. The company’s stock had a trading volume of 139,484 shares, compared to its average volume of 145,612. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $118.72 and a twelve month high of $152.05. The stock has a fifty day simple moving average of $142.52 and a 200-day simple moving average of $137.93. The company has a market capitalization of $6.40 billion, a P/E ratio of 14.69 and a beta of 1.13.

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

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.3508 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.