Short Interest in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Grows By 59.7%

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 88,500 shares, an increase of 59.7% from the February 13th total of 55,400 shares. Based on an average trading volume of 159,900 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the company’s stock are sold short.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.4 %

Shares of NASDAQ:IJT traded up $0.48 on Monday, reaching $124.73. 23,949 shares of the company’s stock were exchanged, compared to its average volume of 131,436. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $120.32 and a fifty-two week high of $152.05. The business’s 50-day moving average is $135.69 and its two-hundred day moving average is $138.48. The firm has a market capitalization of $5.92 billion, a price-to-earnings ratio of 19.15 and a beta of 1.13.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IJT. Atala Financial Inc acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth approximately $27,000. Palouse Capital Management Inc. acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter valued at $31,000. Legacy Bridge LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 73.5% during the third quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock valued at $33,000 after buying an additional 100 shares in the last quarter. CarsonAllaria Wealth Management Ltd. grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 105.5% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 261 shares of the company’s stock worth $35,000 after acquiring an additional 134 shares during the period. Finally, Darwin Wealth Management LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the third quarter worth about $39,000. 55.81% of the stock is owned by institutional investors.

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.