iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Up 54.8% in September

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 98,900 shares, an increase of 54.8% from the August 31st total of 63,900 shares. Based on an average daily volume of 103,400 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 103,400 shares, the short-interest ratio is currently 1.0 days.

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

IJT opened at $142.23 on Tuesday. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $107.38 and a fifty-two week high of $152.05. The firm has a market capitalization of $6.29 billion, a P/E ratio of 20.21 and a beta of 1.13. The company’s 50-day moving average is $139.32 and its 200 day moving average is $131.49.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.314 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.26 annualized dividend and a dividend yield of 0.9%. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. GAMMA Investing LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the first quarter worth $1,008,000. Merit Financial Group LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 6.1% during the 1st quarter. Merit Financial Group LLC now owns 3,625 shares of the company’s stock valued at $451,000 after purchasing an additional 208 shares during the last quarter. Park Avenue Securities LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 87.9% during the 1st quarter. Park Avenue Securities LLC now owns 9,610 shares of the company’s stock valued at $1,196,000 after purchasing an additional 4,495 shares during the last quarter. Courier Capital LLC raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 4.2% during the 1st quarter. Courier Capital LLC now owns 28,403 shares of the company’s stock worth $3,536,000 after purchasing an additional 1,139 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 4.7% in the 1st quarter. Farther Finance Advisors LLC now owns 4,531 shares of the company’s stock worth $565,000 after buying an additional 203 shares during the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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.