iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Up 59.7% in February

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 88,500 shares, an increase of 59.7% from the February 13th total of 55,400 shares. Based on an average daily volume of 159,900 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are sold short.

iShares S&P Small-Cap 600 Growth ETF Price Performance

IJT traded up $3.25 during trading on Friday, reaching $124.25. 186,978 shares of the stock traded hands, compared to its average volume of 131,859. The stock has a market cap of $5.90 billion, a price-to-earnings ratio of 19.15 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $120.32 and a fifty-two week high of $152.05. The stock’s 50-day simple moving average is $135.69 and its two-hundred day simple moving average is $138.47.

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

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.3508 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 2.9% in the fourth quarter. Bank of America Corp DE now owns 1,919,434 shares of the company’s stock worth $259,834,000 after buying an additional 53,484 shares during the last quarter. FMR LLC lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.9% in the fourth quarter. FMR LLC now owns 1,355,351 shares of the company’s stock worth $183,474,000 after buying an additional 12,648 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 8.1% in the fourth quarter. Wells Fargo & Company MN now owns 1,248,807 shares of the company’s stock worth $169,051,000 after buying an additional 93,776 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,023,028 shares of the company’s stock worth $138,487,000 after buying an additional 3,228 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 10.5% during the 3rd quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock worth $120,485,000 after purchasing an additional 82,307 shares during the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

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.