Short Interest in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Expands By 139.7%

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 93,500 shares, an increase of 139.7% from the October 31st total of 39,000 shares. Based on an average trading volume of 122,200 shares, the short-interest ratio is presently 0.8 days.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Oppenheimer Asset Management Inc. bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth approximately $25,596,000. Royal Fund Management LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter valued at $24,955,000. Christopher J. Hasenberg Inc purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth about $22,611,000. Strategic Financial Concepts LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth $110,000. Finally, LPL Financial LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 10.5% during the third quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock valued at $120,485,000 after buying an additional 82,307 shares in the last quarter. 55.81% of the stock is currently owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Trading Up 0.3 %

NASDAQ IJT traded up $0.41 on Friday, hitting $149.53. 42,656 shares of the stock traded hands, compared to its average volume of 120,389. The stock has a 50-day moving average of $141.01 and a 200 day moving average of $135.47. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $111.21 and a twelve month high of $152.05. The company has a market capitalization of $6.99 billion, a P/E ratio of 14.69 and a beta of 1.13.

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

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $0.5237 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

About iShares S&P Small-Cap 600 Growth ETF

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.