iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Short Interest Down 20.8% in April

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 199,723 shares, a drop of 20.8% from the March 31st total of 252,192 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 982,020 shares, the short-interest ratio is presently 0.2 days.

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

Shares of NYSEARCA IJK traded up $0.41 during trading hours on Friday, reaching $109.12. 341,106 shares of the stock were exchanged, compared to its average volume of 438,852. The firm has a market capitalization of $10.60 billion, a price-to-earnings ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $84.53 and a 52 week high of $111.58. The stock’s fifty day simple moving average is $104.48 and its 200 day simple moving average is $100.76.

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

Hedge funds have recently bought and sold shares of the business. Litman Gregory Wealth Management LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth about $25,000. Nemes Rush Group LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth about $28,000. Ashton Thomas Securities LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth about $28,000. Sankala Group LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth about $32,000. Finally, National Bank of Canada FI bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth about $29,000. 67.99% of the stock is owned by institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Company Profile

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.