iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Short Interest Up 248.5% in May

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 358,161 shares, a growth of 248.5% from the May 14th total of 102,763 shares. Based on an average daily trading volume, of 507,374 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Value ETF

Several hedge funds have recently bought and sold shares of IJS. Valpey Financial Services LLC lifted its stake in iShares S&P Small-Cap 600 Value ETF by 11,307.1% during the 4th quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock worth $122,029,000 after acquiring an additional 1,063,657 shares in the last quarter. Tcfg Wealth Management LLC lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 8,726.1% during the third quarter. Tcfg Wealth Management LLC now owns 432,301 shares of the company’s stock worth $47,808,000 after purchasing an additional 427,403 shares in the last quarter. Modern Wealth Management LLC lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 11,921.0% during the first quarter. Modern Wealth Management LLC now owns 411,838 shares of the company’s stock worth $48,873,000 after purchasing an additional 408,412 shares in the last quarter. Sharp Wealth Advisory LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the first quarter worth about $32,233,000. Finally, AlphaCore Capital LLC lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 72,965.5% during the fourth quarter. AlphaCore Capital LLC now owns 243,308 shares of the company’s stock worth $27,669,000 after purchasing an additional 242,975 shares in the last quarter. Institutional investors and hedge funds own 71.86% of the company’s stock.

iShares S&P Small-Cap 600 Value ETF Trading Up 1.1%

NYSEARCA IJS traded up $1.43 during trading hours on Friday, reaching $135.46. The company had a trading volume of 253,707 shares, compared to its average volume of 491,851. The stock has a 50-day moving average of $127.86 and a 200 day moving average of $122.05. iShares S&P Small-Cap 600 Value ETF has a 1-year low of $95.98 and a 1-year high of $136.18. The stock has a market capitalization of $8.29 billion, a P/E ratio of 13.92 and a beta of 1.00.

iShares S&P Small-Cap 600 Value ETF Company Profile

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.