Short Interest in Small Cap Growth Alpha ETF (NASDAQ:JSML) Declines By 37.9%

Small Cap Growth Alpha ETF (NASDAQ:JSML) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 2,557 shares, a decrease of 37.9% from the January 15th total of 4,117 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 64,210 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 64,210 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Small Cap Growth Alpha ETF

Large investors have recently modified their holdings of the company. Kestra Advisory Services LLC bought a new position in Small Cap Growth Alpha ETF during the fourth quarter worth $68,000. CreativeOne Wealth LLC lifted its stake in Small Cap Growth Alpha ETF by 40.3% in the fourth quarter. CreativeOne Wealth LLC now owns 9,477 shares of the company’s stock valued at $697,000 after buying an additional 2,721 shares during the period. Greenline Wealth Management LLC acquired a new stake in shares of Small Cap Growth Alpha ETF during the 4th quarter worth approximately $461,000. Commonwealth Equity Services LLC increased its stake in shares of Small Cap Growth Alpha ETF by 14.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 156,464 shares of the company’s stock valued at $11,510,000 after acquiring an additional 19,228 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Small Cap Growth Alpha ETF during the 4th quarter valued at $491,000.

Small Cap Growth Alpha ETF Trading Up 1.1%

Shares of Small Cap Growth Alpha ETF stock traded up $0.82 during trading on Friday, hitting $75.69. 21,358 shares of the stock were exchanged, compared to its average volume of 35,789. Small Cap Growth Alpha ETF has a 1-year low of $52.84 and a 1-year high of $79.42. The stock has a market capitalization of $293.68 million, a price-to-earnings ratio of 18.21 and a beta of 1.28. The company has a fifty day moving average price of $76.04 and a 200-day moving average price of $74.20.

Small Cap Growth Alpha ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 19th were issued a dividend of $0.124 per share. This represents a $0.50 annualized dividend and a yield of 0.7%. The ex-dividend date was Friday, December 19th. This is a positive change from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.09.

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.