Short Interest in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Increases By 89.0%

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 111,500 shares, a growth of 89.0% from the February 28th total of 59,000 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 602,000 shares, the short-interest ratio is currently 0.2 days.

iShares Core S&P U.S. Growth ETF Stock Down 2.4 %

Shares of iShares Core S&P U.S. Growth ETF stock traded down $3.06 during midday trading on Friday, hitting $127.02. The company had a trading volume of 1,787,970 shares, compared to its average volume of 633,722. iShares Core S&P U.S. Growth ETF has a 12-month low of $109.63 and a 12-month high of $146.99. The stock has a market cap of $19.15 billion, a price-to-earnings ratio of 29.58 and a beta of 1.06. The company has a fifty day simple moving average of $138.27 and a 200 day simple moving average of $137.22.

iShares Core S&P U.S. Growth ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were given a dividend of $0.1767 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Atala Financial Inc purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter worth about $25,000. Transce3nd LLC purchased a new position in iShares Core S&P U.S. Growth ETF during the fourth quarter valued at $27,000. Noble Wealth Management PBC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter valued at about $34,000. Mogy Joel R Investment Counsel Inc. increased its stake in shares of iShares Core S&P U.S. Growth ETF by 316.7% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock worth $35,000 after purchasing an additional 190 shares in the last quarter. Finally, Ameriflex Group Inc. acquired a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter worth about $36,000.

About iShares Core S&P U.S. Growth ETF

The iShares Core S&P U.S. Growth ETF (IUSG) is an exchange-traded fund that is based on the S&P 900 Growth index. The fund tracks an index of US large- and mid-cap growth stocks. The index selects from stocks ranked 1-3000 by market cap based on fundamental growth factors. IUSG was launched on Jul 24, 2000 and is managed by BlackRock.