Janus Henderson Income ETF (NYSEARCA:JIII) Stock Short Interest Jumps 1,988.4%

Janus Henderson Income ETF (NYSEARCA:JIII) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 9,147 shares, a growth of 1,988.4% from the September 15th total of 438 shares. Based on an average trading volume of 114,091 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC acquired a new stake in Janus Henderson Income ETF in the 1st quarter worth about $11,256,000. QTR Family Wealth LLC bought a new stake in Janus Henderson Income ETF in the 4th quarter valued at about $1,498,000. Southern Financial Group LLC grew its position in shares of Janus Henderson Income ETF by 2.1% during the 1st quarter. Southern Financial Group LLC now owns 1,355,876 shares of the company’s stock worth $67,222,000 after purchasing an additional 28,319 shares in the last quarter. Foster & Motley Inc. acquired a new position in shares of Janus Henderson Income ETF during the 2nd quarter worth approximately $1,317,000. Finally, Arkadios Wealth Advisors bought a new position in shares of Janus Henderson Income ETF during the first quarter worth approximately $250,000.

Janus Henderson Income ETF Trading Up 0.2%

Shares of NYSEARCA:JIII traded up $0.08 on Friday, hitting $48.40. The company had a trading volume of 290,793 shares, compared to its average volume of 28,575. The stock has a market cap of $256.52 million, a price-to-earnings ratio of 22.21 and a beta of 0.13. The stock has a 50 day moving average price of $49.05 and a 200 day moving average price of $49.54. Janus Henderson Income ETF has a 1-year low of $47.99 and a 1-year high of $51.64.

About Janus Henderson Income ETF

The Janus Henderson Income ETF (JIII) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities of any credit quality and maturity issued by governments and corporations from around the globe. The fund seeks high current income with a secondary focus on capital appreciation. JIII was launched on Nov 12, 2024 and is issued by Janus Henderson.