Small Cap Growth Alpha ETF (NASDAQ:JSML) Sees Large Increase in Short Interest

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 8,210 shares, a growth of 221.1% from the January 29th total of 2,557 shares. Based on an average daily trading volume, of 23,234 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 23,234 shares, the days-to-cover ratio is presently 0.4 days.

Small Cap Growth Alpha ETF Price Performance

JSML traded down $1.33 during trading hours on Friday, hitting $75.69. 7,514 shares of the stock were exchanged, compared to its average volume of 29,757. The stock has a market cap of $293.68 million, a price-to-earnings ratio of 18.21 and a beta of 1.28. The stock has a 50-day simple moving average of $76.25 and a 200-day simple moving average of $74.71. Small Cap Growth Alpha ETF has a 12 month low of $52.84 and a 12 month high of $79.42.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 19th were issued a $0.124 dividend. This is a boost from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.50 annualized dividend and a dividend yield of 0.7%.

Institutional Investors Weigh In On Small Cap Growth Alpha ETF

Several institutional investors and hedge funds have recently bought and sold shares of JSML. Mercer Global Advisors Inc. ADV acquired a new position in Small Cap Growth Alpha ETF in the fourth quarter valued at approximately $265,000. NewEdge Advisors LLC acquired a new position in Small Cap Growth Alpha ETF during the 4th quarter valued at approximately $2,007,000. Align Financial LLC bought a new position in Small Cap Growth Alpha ETF during the 4th quarter worth $76,000. Private Advisor Group LLC grew its stake in Small Cap Growth Alpha ETF by 8.5% during the 4th quarter. Private Advisor Group LLC now owns 110,307 shares of the company’s stock worth $8,115,000 after buying an additional 8,635 shares during the last quarter. Finally, Royal Bank of Canada increased its position in Small Cap Growth Alpha ETF by 4.0% in the fourth quarter. Royal Bank of Canada now owns 161,527 shares of the company’s stock worth $11,883,000 after buying an additional 6,150 shares during the period.

About Small Cap Growth Alpha ETF

The Janus Henderson Small Cap Growth Alpha ETF (JSML) is an exchange-traded fund that is based on the Janus Small Cap Growth Alpha index. The fund tracks a market cap-weighted index of US small cap stocks selected by fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Venture Fund. JSML was launched on Feb 25, 2016 and is managed by Janus Henderson.