iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Short Interest Update

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 39,506 shares, a decline of 43.9% from the January 29th total of 70,457 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 264,419 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 264,419 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares S&P Small-Cap 600 Value ETF

Several hedge funds have recently modified their holdings of IJS. Avantax Advisory Services Inc. increased its holdings in iShares S&P Small-Cap 600 Value ETF by 52.7% in the second quarter. Avantax Advisory Services Inc. now owns 148,729 shares of the company’s stock worth $14,797,000 after purchasing an additional 51,300 shares in the last quarter. Advisors Capital Management LLC acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF during the 2nd quarter valued at $302,000. Brown Advisory Inc. boosted its stake in iShares S&P Small-Cap 600 Value ETF by 684.9% during the second quarter. Brown Advisory Inc. now owns 108,548 shares of the company’s stock worth $10,799,000 after acquiring an additional 94,719 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares S&P Small-Cap 600 Value ETF in the second quarter worth $1,763,000. Finally, Cordatus Wealth Management LLC bought a new stake in iShares S&P Small-Cap 600 Value ETF in the third quarter valued at $8,671,000. Institutional investors and hedge funds own 71.86% of the company’s stock.

iShares S&P Small-Cap 600 Value ETF Trading Up 0.5%

NYSEARCA:IJS traded up $0.61 on Monday, hitting $123.41. The company had a trading volume of 255,074 shares, compared to its average volume of 322,654. iShares S&P Small-Cap 600 Value ETF has a 52 week low of $82.10 and a 52 week high of $127.85. The stock has a market capitalization of $7.61 billion, a price-to-earnings ratio of 13.92 and a beta of 1.08. The firm has a 50 day moving average of $121.21 and a two-hundred day moving average of $114.57.

About iShares S&P Small-Cap 600 Value ETF

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.