Short Interest in Small Cap Growth Alpha ETF (NASDAQ:JSML) Increases By 219.8%

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 9,252 shares, a growth of 219.8% from the February 26th total of 2,893 shares. Based on an average trading volume of 29,609 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 29,609 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Small Cap Growth Alpha ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Belpointe Asset Management LLC bought a new stake in shares of Small Cap Growth Alpha ETF during the 3rd quarter valued at $1,052,000. Farther Finance Advisors LLC raised its stake in Small Cap Growth Alpha ETF by 784.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 57,022 shares of the company’s stock valued at $4,264,000 after purchasing an additional 50,573 shares during the period. Fifth Third Securities Inc. bought a new stake in shares of Small Cap Growth Alpha ETF during the third quarter valued at approximately $657,000. Gladstone Institutional Advisory LLC bought a new stake in Small Cap Growth Alpha ETF in the 3rd quarter valued at $1,123,000. Finally, Private Advisor Group LLC lifted its position in shares of Small Cap Growth Alpha ETF by 22.6% in the third quarter. Private Advisor Group LLC now owns 101,672 shares of the company’s stock worth $7,603,000 after buying an additional 18,746 shares in the last quarter.

Small Cap Growth Alpha ETF Price Performance

JSML stock traded up $0.89 during midday trading on Wednesday, hitting $71.37. The stock had a trading volume of 7,686 shares, compared to its average volume of 27,494. The business has a 50-day moving average of $74.97 and a two-hundred day moving average of $74.75. The firm has a market cap of $276.92 million, a price-to-earnings ratio of 18.21 and a beta of 1.28. Small Cap Growth Alpha ETF has a 52-week low of $52.84 and a 52-week high of $79.42.

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.