Small Cap Growth Alpha ETF (NASDAQ:JSML) Short Interest Down 86.4% in August

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 4,067 shares, a decrease of 86.4% from the July 30th total of 29,870 shares. Based on an average trading volume of 14,057 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Small Cap Growth Alpha ETF Trading Down 0.2%

NASDAQ JSML traded down $0.14 during trading on Wednesday, reaching $89.98. The company’s stock had a trading volume of 8,293 shares, compared to its average volume of 22,202. The firm has a 50 day moving average price of $90.33 and a 200 day moving average price of $82.61. Small Cap Growth Alpha ETF has a 12 month low of $66.97 and a 12 month high of $98.01. The firm has a market capitalization of $373.42 million, a price-to-earnings ratio of 18.21 and a beta of 1.28.

Small Cap Growth Alpha ETF Increases Dividend

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

Hedge Funds Weigh In On Small Cap Growth Alpha ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. grew its holdings in shares of 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 in the last quarter. Triumph Capital Management bought a new stake in Small Cap Growth Alpha ETF during the third quarter worth about $67,000. Kestra Advisory Services LLC acquired a new stake in Small Cap Growth Alpha ETF during the fourth quarter worth about $68,000. Align Financial LLC acquired a new stake in Small Cap Growth Alpha ETF during the fourth quarter worth about $76,000. Finally, JPMorgan Chase & Co. bought a new position in Small Cap Growth Alpha ETF in the 3rd quarter valued at about $105,000.

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.