Short Interest in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Decreases By 41.3%

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 159,504 shares, a decrease of 41.3% from the June 30th total of 271,772 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 348,777 shares, the short-interest ratio is presently 0.5 days.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Merrithew & Thorsten Inc purchased a new stake in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at $25,000. Cornerstone Financial Management LLC purchased a new position in iShares S&P Small-Cap 600 Value ETF in the fourth quarter worth about $26,000. Assetmark Inc. boosted its position in iShares S&P Small-Cap 600 Value ETF by 138.8% in the first quarter. Assetmark Inc. now owns 234 shares of the company’s stock worth $28,000 after purchasing an additional 136 shares during the last quarter. Capital Investment Counsel Inc bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $30,000. Finally, Monetary Solutions Ltd bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $31,000. 71.86% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Value ETF Trading Down 0.0%

IJS stock traded down $0.02 on Thursday, hitting $135.84. The company had a trading volume of 235,972 shares, compared to its average volume of 449,662. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $97.90 and a 12-month high of $138.60. The stock has a market cap of $8.13 billion, a price-to-earnings ratio of 13.92 and a beta of 0.99. The stock’s 50-day simple moving average is $133.93 and its 200 day simple moving average is $126.79.

iShares S&P Small-Cap 600 Value ETF Company Profile

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value 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 SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.