Small Cap Growth Alpha ETF (NASDAQ:JSML) Shares Shorted: Short Interest Up 76.8% in September

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 1,245 shares, an increase of 76.8% from the August 31st total of 704 shares. Based on an average daily trading volume, of 33,237 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Small Cap Growth Alpha ETF Price Performance

NASDAQ:JSML traded down $0.21 during trading hours on Thursday, reaching $85.72. 8,403 shares of the company traded hands, compared to its average volume of 23,321. The firm’s 50-day moving average is $88.71 and its 200-day moving average is $84.90. The stock has a market cap of $336.88 million, a P/E ratio of 18.21 and a beta of 1.28. Small Cap Growth Alpha ETF has a 1-year low of $66.97 and a 1-year high of $98.01.

Small Cap Growth Alpha ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th will be given a $0.0538 dividend. This is an increase from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.0463. This represents a $0.22 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, September 30th.

Institutional Trading of Small Cap Growth Alpha ETF

A number of large investors have recently made changes to their positions in the stock. Studio Investment Management LLC raised its stake in Small Cap Growth Alpha ETF by 20.8% in the 2nd quarter. Studio Investment Management LLC now owns 4,300 shares of the company’s stock valued at $400,000 after purchasing an additional 741 shares during the last quarter. Apollon Financial LLC acquired a new stake in shares of Small Cap Growth Alpha ETF during the 1st quarter worth about $426,000. Unified Investment Management grew its holdings in shares of Small Cap Growth Alpha ETF by 6.9% during the first quarter. Unified Investment Management now owns 6,228 shares of the company’s stock worth $436,000 after buying an additional 400 shares in the last quarter. Key Financial Inc grew its holdings in shares of Small Cap Growth Alpha ETF by 39.7% during the first quarter. Key Financial Inc now owns 6,508 shares of the company’s stock worth $456,000 after buying an additional 1,850 shares in the last quarter. Finally, Blue Jean Financial LLC acquired a new position in shares of Small Cap Growth Alpha ETF in the fourth quarter valued at approximately $701,000.

About Small Cap Growth Alpha ETF

The Janus Henderson Small Cap Growth Alpha ETF (JSML) is an exchange-traded fund that is based on the Janus Small Cap Growth Alpha index. The fund tracks a market cap-weighted index of US small cap stocks selected by fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Venture Fund. JSML was launched on Feb 25, 2016 and is managed by Janus Henderson.