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

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 188,598 shares, a growth of 171.5% from the June 30th total of 69,460 shares. Based on an average daily volume of 317,942 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the shares of the stock are short sold.

iShares S&P Small-Cap 600 Growth ETF Trading Up 0.3%

Shares of iShares S&P Small-Cap 600 Growth ETF stock traded up $0.49 during mid-day trading on Tuesday, hitting $173.10. 67,281 shares of the stock were exchanged, compared to its average volume of 143,741. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $129.88 and a twelve month high of $179.65. The stock has a market capitalization of $8.27 billion, a price-to-earnings ratio of 20.21 and a beta of 1.04. The company has a 50-day simple moving average of $169.44 and a 200 day simple moving average of $157.93.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.2566 per share. This represents a $1.03 dividend on an annualized basis and a yield of 0.6%. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Signature Resources Capital Management LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 18,800.0% in the fourth quarter. Signature Resources Capital Management LLC now owns 189 shares of the company’s stock valued at $27,000 after purchasing an additional 188 shares during the period. Sound Income Strategies LLC lifted its position in iShares S&P Small-Cap 600 Growth ETF by 285.2% during the fourth quarter. Sound Income Strategies LLC now owns 208 shares of the company’s stock worth $31,000 after buying an additional 154 shares during the period. North Star Investment Management Corp. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 102.4% in the 4th quarter. North Star Investment Management Corp. now owns 257 shares of the company’s stock worth $36,000 after buying an additional 130 shares during the last quarter. Smartleaf Asset Management LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth about $36,000. Finally, Ashton Thomas Securities LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at about $37,000. 55.81% of the stock is currently owned by institutional investors and hedge funds.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.