iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Sees Large Growth in Short Interest

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 142,100 shares, a growth of 113.7% from the August 31st total of 66,500 shares. Based on an average daily volume of 140,100 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 140,100 shares, the days-to-cover ratio is currently 1.0 days.

iShares S&P Mid-Cap 400 Value ETF Trading Up 0.5%

Shares of IJJ stock opened at $131.10 on Monday. The stock has a market cap of $8.04 billion, a P/E ratio of 16.13 and a beta of 1.17. The stock has a 50 day simple moving average of $128.58 and a 200 day simple moving average of $122.75. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $102.24 and a 1 year high of $136.42.

Institutional Investors Weigh In On iShares S&P Mid-Cap 400 Value ETF

Institutional investors have recently made changes to their positions in the stock. Quaker Wealth Management LLC boosted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 200.5% in the second quarter. Quaker Wealth Management LLC now owns 217 shares of the company’s stock valued at $27,000 after buying an additional 433 shares during the period. von Borstel & Associates Inc. bought a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the first quarter valued at approximately $27,000. CX Institutional bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the first quarter worth $27,000. Total Investment Management Inc. bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the second quarter worth $29,000. Finally, ORG Partners LLC bought a new stake in iShares S&P Mid-Cap 400 Value ETF during the first quarter worth $29,000. 66.95% of the stock is currently owned by institutional investors.

iShares S&P Mid-Cap 400 Value ETF Company Profile

iShares S&P Mid-Cap 400 Value ETF, formerly iShares S&P MidCap 400 Value Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Value Index (the Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics.