iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Up 32.3% in December

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 83,462 shares, a growth of 32.3% from the December 15th total of 63,094 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 79,830 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 79,830 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.2% of the company’s shares are short sold.

iShares S&P Small-Cap 600 Growth ETF Stock Down 0.2%

iShares S&P Small-Cap 600 Growth ETF stock opened at $150.75 on Friday. The company has a market capitalization of $6.70 billion, a PE ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $107.38 and a 12-month high of $151.71. The firm’s fifty day moving average is $143.18 and its 200 day moving average is $140.45.

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

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Brown Advisory Inc. grew its stake in iShares S&P Small-Cap 600 Growth ETF by 59.0% in the second quarter. Brown Advisory Inc. now owns 471,121 shares of the company’s stock valued at $62,678,000 after acquiring an additional 174,750 shares during the period. World Investment Advisors increased its stake in iShares S&P Small-Cap 600 Growth ETF by 968.9% during the 2nd quarter. World Investment Advisors now owns 179,400 shares of the company’s stock valued at $23,867,000 after purchasing an additional 162,617 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 13,193.7% during the second quarter. Laurel Wealth Advisors LLC now owns 134,000 shares of the company’s stock worth $17,827,000 after buying an additional 132,992 shares during the last quarter. M&T Bank Corp raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 31.2% during the third quarter. M&T Bank Corp now owns 550,176 shares of the company’s stock worth $77,850,000 after buying an additional 130,915 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 27.2% in the third quarter. Raymond James Financial Inc. now owns 460,368 shares of the company’s stock valued at $65,142,000 after buying an additional 98,568 shares in the last quarter. 55.81% of the stock is owned by institutional investors and hedge funds.

About iShares S&P Small-Cap 600 Growth ETF

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.