iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Short Interest Update

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 58,799 shares, an increase of 162.5% from the February 12th total of 22,401 shares. Based on an average daily trading volume, of 143,031 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 143,031 shares, the days-to-cover ratio is currently 0.4 days.

iShares S&P Mid-Cap 400 Growth ETF Price Performance

Shares of iShares S&P Mid-Cap 400 Growth ETF stock traded down $0.23 on Wednesday, hitting $102.78. The company had a trading volume of 186,488 shares, compared to its average volume of 222,613. The stock has a 50-day moving average of $103.19 and a 200-day moving average of $98.67. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $71.69 and a twelve month high of $108.21. The firm has a market capitalization of $9.57 billion, a P/E ratio of 22.45 and a beta of 1.08.

Hedge Funds Weigh In On iShares S&P Mid-Cap 400 Growth ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 14.5% in the fourth quarter. Corient Private Wealth LLC now owns 61,549 shares of the company’s stock valued at $5,973,000 after purchasing an additional 7,792 shares in the last quarter. Hsbc Holdings PLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth about $9,899,000. Compass Financial Group Inc. Ohio bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth about $698,000. SHP Wealth Management bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth about $35,000. Finally, Keenan LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth about $2,424,000. 67.99% of the stock is owned by institutional investors and hedge funds.

About iShares S&P Mid-Cap 400 Growth ETF

iShares S&P Mid-Cap 400 Growth ETF, formerly iShares S&P MidCap 400 Growth 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 Growth Index (the Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.