Small Cap Growth Alpha ETF (NASDAQ:JSML) Short Interest Update

Small Cap Growth Alpha ETF (NASDAQ:JSML) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 704 shares, a decrease of 82.7% from the August 15th total of 4,067 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 12,258 shares, the short-interest ratio is currently 0.1 days.

Small Cap Growth Alpha ETF Stock Performance

Shares of JSML traded up $0.39 during mid-day trading on Friday, reaching $86.76. 32,603 shares of the company were exchanged, compared to its average volume of 21,923. The business has a 50 day simple moving average of $89.55 and a two-hundred day simple moving average of $83.68. The stock has a market capitalization of $360.05 million, a PE ratio of 18.21 and a beta of 1.28. Small Cap Growth Alpha ETF has a 52 week low of $66.97 and a 52 week high of $98.01.

Small Cap Growth Alpha ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.0463 per share. This represents a $0.19 annualized dividend and a yield of 0.2%. The ex-dividend date was Tuesday, June 30th. This is a positive change from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.04.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of JSML. Principal Securities Inc. increased its position in shares of Small Cap Growth Alpha ETF by 3.6% during the fourth quarter. Principal Securities Inc. now owns 8,837 shares of the company’s stock worth $650,000 after buying an additional 309 shares during the period. Studio Investment Management LLC lifted its holdings in Small Cap Growth Alpha ETF by 11.7% in the fourth quarter. Studio Investment Management LLC now owns 3,559 shares of the company’s stock valued at $262,000 after buying an additional 374 shares during the period. Unified Investment Management lifted its holdings in Small Cap Growth Alpha ETF by 6.9% in the first quarter. Unified Investment Management now owns 6,228 shares of the company’s stock valued at $436,000 after buying an additional 400 shares during the period. Geneos Wealth Management Inc. boosted its position in Small Cap Growth Alpha ETF by 328.2% during the second quarter. Geneos Wealth Management Inc. now owns 668 shares of the company’s stock valued at $45,000 after acquiring an additional 512 shares during the last quarter. Finally, IFP Advisors Inc boosted its position in Small Cap Growth Alpha ETF by 3.7% during the second quarter. IFP Advisors Inc now owns 14,956 shares of the company’s stock valued at $1,392,000 after acquiring an additional 534 shares during the last quarter.

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.