Small Cap Growth Alpha ETF (NASDAQ:JSML) Sees Large Decrease in Short Interest

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the recipient of a significant decrease in short interest in 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 shares of the company are sold short. Based on an average daily volume of 64,210 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 64,210 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Small Cap Growth Alpha ETF Price Performance

NASDAQ JSML traded up $0.82 on Friday, hitting $75.69. 21,358 shares of the company’s stock were exchanged, compared to its average volume of 35,789. The firm has a market cap of $293.68 million, a price-to-earnings ratio of 18.21 and a beta of 1.28. The firm’s 50-day moving average price is $76.04 and its two-hundred day moving average price is $74.28. Small Cap Growth Alpha ETF has a fifty-two week low of $52.84 and a fifty-two week high of $79.42.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 19th were given a $0.124 dividend. 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. This represents a $0.50 annualized dividend and a yield of 0.7%.

Institutional Investors Weigh In On Small Cap Growth Alpha ETF

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

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.