Small Cap Growth Alpha ETF (NASDAQ:JSML) Sees Significant Increase in Short Interest

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

Small Cap Growth Alpha ETF Trading Up 1.3%

Shares of JSML stock traded up $0.89 during trading hours on Wednesday, reaching $71.37. 7,686 shares of the company’s stock were exchanged, compared to its average volume of 27,494. The stock’s 50 day moving average is $74.97 and its 200-day moving average is $74.75. The company 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 fifty-two week low of $52.84 and a fifty-two week high of $79.42.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV purchased a new position in shares of Small Cap Growth Alpha ETF in the 4th quarter valued at approximately $265,000. NewEdge Advisors LLC acquired a new position in Small Cap Growth Alpha ETF during the 4th quarter valued at approximately $2,007,000. Align Financial LLC acquired a new position in Small Cap Growth Alpha ETF during the 4th quarter valued at approximately $76,000. Private Advisor Group LLC raised its holdings in shares of Small Cap Growth Alpha ETF by 8.5% in the fourth quarter. Private Advisor Group LLC now owns 110,307 shares of the company’s stock worth $8,115,000 after buying an additional 8,635 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Small Cap Growth Alpha ETF by 4.0% in the fourth quarter. Royal Bank of Canada now owns 161,527 shares of the company’s stock worth $11,883,000 after buying an additional 6,150 shares during the last quarter.

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.