Short Interest in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Declines By 42.0%

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 8,240 shares, a drop of 42.0% from the May 31st total of 14,197 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 103,837 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Small/Mid Cap Growth Alpha ETF

Several hedge funds and other institutional investors have recently bought and sold shares of JSMD. Triumph Capital Management purchased a new position in Small/Mid Cap Growth Alpha ETF during the third quarter worth $59,000. Trust Co. of Vermont bought a new stake in shares of Small/Mid Cap Growth Alpha ETF in the 4th quarter worth about $59,000. Global Retirement Partners LLC lifted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 27.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock worth $94,000 after acquiring an additional 250 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Small/Mid Cap Growth Alpha ETF during the 4th quarter worth about $184,000. Finally, Redhawk Wealth Advisors Inc. purchased a new position in shares of Small/Mid Cap Growth Alpha ETF during the 4th quarter worth about $207,000.

Small/Mid Cap Growth Alpha ETF Stock Down 1.2%

NASDAQ JSMD traded down $1.22 during trading hours on Wednesday, hitting $100.02. 53,348 shares of the company were exchanged, compared to its average volume of 80,974. Small/Mid Cap Growth Alpha ETF has a 52 week low of $75.30 and a 52 week high of $101.70. The stock has a 50-day moving average price of $94.03 and a 200 day moving average price of $87.41. The stock has a market cap of $1.06 billion, a PE ratio of 19.08 and a beta of 1.15.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.0819 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.33 annualized dividend and a dividend yield of 0.3%. This is an increase from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08.

Small/Mid Cap Growth Alpha ETF Company Profile

The Janus Henderson Small\u002FMid Cap Growth Alpha ETF (JSMD) is an exchange-traded fund that is based on the Janus Small Mid Cap Growth Alpha index. The fund tracks an index of US small- and mid-cap stocks with strong fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Triton Fund. JSMD was launched on Feb 25, 2016 and is managed by Janus Henderson.