Janus Henderson Income ETF (NYSEARCA:JIII) Sees Large Decline in Short Interest

Janus Henderson Income ETF (NYSEARCA:JIII) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 11,754 shares, a decrease of 50.5% from the July 15th total of 23,751 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 12,424 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On Janus Henderson Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of JIII. Public Employees Retirement System of Ohio purchased a new position in Janus Henderson Income ETF during the second quarter valued at approximately $157,000. Great Lakes Advisors LLC purchased a new stake in Janus Henderson Income ETF in the 2nd quarter worth approximately $217,000. Arkadios Wealth Advisors purchased a new stake in Janus Henderson Income ETF in the 1st quarter worth approximately $250,000. Truist Financial Corp boosted its holdings in Janus Henderson Income ETF by 6.1% in the 4th quarter. Truist Financial Corp now owns 5,273 shares of the company’s stock valued at $266,000 after purchasing an additional 303 shares during the period. Finally, Castle Rock Wealth Management LLC bought a new position in Janus Henderson Income ETF in the 4th quarter valued at $337,000.

Janus Henderson Income ETF Stock Performance

NYSEARCA JIII traded down $0.13 during trading hours on Tuesday, hitting $49.50. The company had a trading volume of 1,003 shares, compared to its average volume of 14,896. Janus Henderson Income ETF has a 52 week low of $49.20 and a 52 week high of $51.64. The firm has a 50 day simple moving average of $49.76 and a 200 day simple moving average of $49.95. The firm has a market capitalization of $190.57 million, a price-to-earnings ratio of 22.21 and a beta of 0.12.

Janus Henderson Income ETF Company Profile

The Janus Henderson Income ETF (JIII) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities of any credit quality and maturity issued by governments and corporations from around the globe. The fund seeks high current income with a secondary focus on capital appreciation. JIII was launched on Nov 12, 2024 and is issued by Janus Henderson.