Short Interest in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Declines By 34.1%

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 76,184 shares, a drop of 34.1% from the July 30th total of 115,567 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 208,424 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of iShares S&P Small-Cap 600 Growth ETF

Hedge funds have recently bought and sold shares of the stock. Smartleaf Asset Management LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth about $36,000. Ashton Thomas Securities LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at about $37,000. Biltmore Family Office LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter valued at about $40,000. Motiv8 Investments LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth about $41,000. Finally, JPL Wealth Management LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth about $42,000. 55.81% of the stock is owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.9%

Shares of IJT stock opened at $169.15 on Thursday. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $132.98 and a 12 month high of $179.68. The firm has a market cap of $8.05 billion, a PE ratio of 20.21 and a beta of 1.04. The stock has a 50 day moving average of $174.32 and a 200-day moving average of $162.58.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.2566 per share. This represents a $1.03 dividend on an annualized basis and a yield of 0.6%. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Monday, June 15th.

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

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.