iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Sees Significant Growth in Short Interest

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 67,200 shares, an increase of 681.4% from the June 30th total of 8,600 shares. Based on an average daily trading volume, of 102,700 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of iShares S&P Small-Cap 600 Growth ETF

Several large investors have recently modified their holdings of the company. Montag A & Associates Inc. bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at $28,000. Richardson Financial Services Inc. bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter valued at $31,000. Cedar Mountain Advisors LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth about $33,000. Finally, Stephens Consulting LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 94.0% during the 4th quarter. Stephens Consulting LLC now owns 260 shares of the company’s stock worth $33,000 after acquiring an additional 126 shares during the period. 55.81% of the stock is owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Up 1.6 %

Shares of IJT traded up $2.14 during mid-day trading on Friday, hitting $140.18. 61,732 shares of the company’s stock were exchanged, compared to its average volume of 109,580. The firm has a fifty day moving average of $130.54 and a two-hundred day moving average of $127.43. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $102.64 and a twelve month high of $141.93. The stock has a market cap of $6.44 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were issued a dividend of $0.3455 per share. This represents a $1.38 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend was Tuesday, June 11th.

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.