Small Cap Growth Alpha ETF (NASDAQ:JSML) Shares Shorted: Short Interest Up 686.4% in October

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 18,857 shares, a growth of 686.4% from the October 15th total of 2,398 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 19,120 shares, the short-interest ratio is currently 1.0 days.

Small Cap Growth Alpha ETF Stock Performance

Shares of JSML stock opened at $88.50 on Wednesday. The firm’s 50 day moving average price is $86.91 and its 200-day moving average price is $83.56. Small Cap Growth Alpha ETF has a one year low of $66.97 and a one year high of $98.01. The firm has a market cap of $376.12 million, a P/E ratio of 20.52 and a beta of 1.30.

Small Cap Growth Alpha ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Wednesday, September 30th were given a $0.0538 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This is a positive change from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.0463. This represents a $0.22 dividend on an annualized basis and a yield of 0.2%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Park Avenue Securities LLC acquired a new position in Small Cap Growth Alpha ETF in the 3rd quarter valued at about $248,000. Studio Investment Management LLC increased its stake in Small Cap Growth Alpha ETF by 5.6% during the third quarter. Studio Investment Management LLC now owns 4,541 shares of the company’s stock worth $390,000 after purchasing an additional 241 shares during the period. Fifth Third Securities Inc. lifted its position in shares of Small Cap Growth Alpha ETF by 19.2% during the third quarter. Fifth Third Securities Inc. now owns 4,978 shares of the company’s stock worth $428,000 after purchasing an additional 803 shares in the last quarter. PCG Wealth Advisors LLC acquired a new stake in shares of Small Cap Growth Alpha ETF during the third quarter worth about $740,000. Finally, Kestra Advisory Services LLC lifted its position in shares of Small Cap Growth Alpha ETF by 1,427.3% during the first quarter. Kestra Advisory Services LLC now owns 14,036 shares of the company’s stock worth $983,000 after purchasing an additional 13,117 shares in the last quarter.

Small Cap Growth Alpha ETF Company Profile

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.