iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Up 171.5% in July

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 188,598 shares, a growth of 171.5% from the June 30th total of 69,460 shares. Based on an average trading volume of 317,942 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the shares of the company are sold short.

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

Shares of iShares S&P Small-Cap 600 Growth ETF stock traded up $1.15 on Monday, hitting $172.61. 360,971 shares of the company’s stock were exchanged, compared to its average volume of 144,196. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $129.88 and a 1 year high of $179.65. The company has a 50-day simple moving average of $169.17 and a 200-day simple moving average of $157.74. The stock has a market capitalization of $8.28 billion, a PE ratio of 20.21 and a beta of 1.04.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2566 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.03 dividend on an annualized basis and a yield of 0.6%. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22.

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

Several institutional investors and hedge funds have recently bought and sold shares of IJT. Quadcap Wealth Management LLC grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.9% during the first quarter. Quadcap Wealth Management LLC now owns 7,599 shares of the company’s stock valued at $1,100,000 after purchasing an additional 66 shares during the period. CoreCap Advisors LLC increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 29.6% in the 2nd quarter. CoreCap Advisors LLC now owns 337 shares of the company’s stock worth $60,000 after acquiring an additional 77 shares in the last quarter. Taylor Financial Group Inc. increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.4% in the 4th quarter. Taylor Financial Group Inc. now owns 17,639 shares of the company’s stock worth $2,490,000 after acquiring an additional 79 shares in the last quarter. Hazlett Burt & Watson Inc. raised its stake in iShares S&P Small-Cap 600 Growth ETF by 3.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,482 shares of the company’s stock worth $352,000 after acquiring an additional 80 shares during the period. Finally, Fifth Third Wealth Advisors LLC raised its stake in iShares S&P Small-Cap 600 Growth ETF by 3.5% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 2,633 shares of the company’s stock worth $372,000 after acquiring an additional 88 shares during the period. 55.81% of the stock is currently owned by hedge funds and other institutional investors.

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