Short Interest in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Expands By 19.5%

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 116,577 shares, an increase of 19.5% from the March 31st total of 97,583 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 118,565 shares, the short-interest ratio is presently 1.0 days.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.3%

IJT traded up $0.54 during trading on Friday, hitting $162.03. 91,674 shares of the stock were exchanged, compared to its average volume of 115,759. The firm has a market capitalization of $7.34 billion, a P/E ratio of 20.21 and a beta of 1.07. The stock has a fifty day moving average price of $150.58 and a two-hundred day moving average price of $146.73. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $122.60 and a 1-year high of $162.46.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $0.22 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.88 dividend on an annualized basis and a yield of 0.5%.

Institutional Trading of iShares S&P Small-Cap 600 Growth ETF

A number of large investors have recently bought and sold shares of the business. Signature Resources Capital Management LLC increased its position in iShares S&P Small-Cap 600 Growth ETF by 18,800.0% in the 4th quarter. Signature Resources Capital Management LLC now owns 189 shares of the company’s stock valued at $27,000 after acquiring an additional 188 shares during the period. Sound Income Strategies LLC increased its position in iShares S&P Small-Cap 600 Growth ETF by 285.2% in the 4th quarter. Sound Income Strategies LLC now owns 208 shares of the company’s stock valued at $31,000 after acquiring an additional 154 shares during the period. Ashton Thomas Securities LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at about $36,000. North Star Investment Management Corp. increased its position in iShares S&P Small-Cap 600 Growth ETF by 102.4% in the 4th quarter. North Star Investment Management Corp. now owns 257 shares of the company’s stock valued at $36,000 after acquiring an additional 130 shares during the period. Finally, Smartleaf Asset Management LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth $36,000. Institutional investors and hedge funds own 55.81% of the company’s stock.

About iShares S&P Small-Cap 600 Growth ETF

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.