iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Up 101.1% in February

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 77,428 shares, a growth of 101.1% from the January 29th total of 38,497 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 125,759 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 125,759 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

Several institutional investors have recently added to or reduced their stakes in IJT. Essex Financial Services Inc. lifted its position in iShares S&P Small-Cap 600 Growth ETF by 1.0% during the 3rd quarter. Essex Financial Services Inc. now owns 7,237 shares of the company’s stock worth $1,024,000 after acquiring an additional 72 shares during the period. Taylor Financial Group Inc. lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 0.4% during the fourth quarter. Taylor Financial Group Inc. now owns 17,639 shares of the company’s stock worth $2,490,000 after purchasing an additional 79 shares during the period. Hazlett Burt & Watson Inc. grew its position in iShares S&P Small-Cap 600 Growth ETF by 3.3% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,482 shares of the company’s stock valued at $352,000 after buying an additional 80 shares during the last quarter. Rovin Capital UT ADV grew its position in iShares S&P Small-Cap 600 Growth ETF by 2.0% in the 2nd quarter. Rovin Capital UT ADV now owns 4,364 shares of the company’s stock valued at $581,000 after buying an additional 84 shares during the last quarter. Finally, Capital Investment Counsel LLC increased its stake in iShares S&P Small-Cap 600 Growth ETF by 5.1% in the 3rd quarter. Capital Investment Counsel LLC now owns 1,816 shares of the company’s stock valued at $257,000 after buying an additional 88 shares during the period. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Trading Down 1.1%

Shares of iShares S&P Small-Cap 600 Growth ETF stock traded down $1.77 during trading on Friday, reaching $152.24. The company’s stock had a trading volume of 44,899 shares, compared to its average volume of 111,135. The company has a 50-day moving average price of $148.92 and a two-hundred day moving average price of $143.64. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $107.38 and a fifty-two week high of $154.71. The firm has a market cap of $6.74 billion, a PE ratio of 20.21 and a beta of 1.09.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $0.4214 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.31. This represents a $1.69 dividend on an annualized basis and a dividend yield of 1.1%.

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.