Small Cap Growth Alpha ETF (NASDAQ:JSML) Short Interest Up 205.5% in December

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 15,341 shares, a growth of 205.5% from the December 15th total of 5,021 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 29,693 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 29,693 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.4% of the shares of the company are sold short.

Hedge Funds Weigh In On Small Cap Growth Alpha ETF

Hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its stake in Small Cap Growth Alpha ETF by 328.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 668 shares of the company’s stock worth $45,000 after purchasing an additional 512 shares during the last quarter. Triumph Capital Management acquired a new position in Small Cap Growth Alpha ETF during the third quarter worth about $67,000. JPMorgan Chase & Co. purchased a new stake in Small Cap Growth Alpha ETF during the 3rd quarter valued at about $105,000. Advisory Services Network LLC acquired a new stake in Small Cap Growth Alpha ETF in the 3rd quarter valued at about $202,000. Finally, Caprock Group LLC purchased a new position in Small Cap Growth Alpha ETF in the 3rd quarter worth approximately $223,000.

Small Cap Growth Alpha ETF Stock Performance

NASDAQ JSML traded up $0.07 during mid-day trading on Tuesday, reaching $77.45. 3,439 shares of the stock were exchanged, compared to its average volume of 22,296. The company has a market capitalization of $271.09 million, a P/E ratio of 18.21 and a beta of 1.28. The business’s 50 day moving average is $74.32 and its 200-day moving average is $72.76. Small Cap Growth Alpha ETF has a 1 year low of $52.84 and a 1 year high of $77.61.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 19th were given a dividend of $0.124 per share. This is a boost from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.09. The ex-dividend date was Friday, December 19th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.6%.

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.