Janus Henderson Mid Cap Growth Alpha ETF (NASDAQ:JMID) Stock Short Interest Declines 70.6%

Janus Henderson Mid Cap Growth Alpha ETF (NASDAQ:JMID) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 695 shares, a drop of 70.6% from the September 15th total of 2,365 shares. Based on an average daily trading volume, of 5,174 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Janus Henderson Mid Cap Growth Alpha ETF

An institutional investor recently raised its position in Janus Henderson Mid Cap Growth Alpha ETF stock. Quadcap Wealth Management LLC increased its stake in Janus Henderson Mid Cap Growth Alpha ETF (NASDAQ:JMID) by 18.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 232,226 shares of the company’s stock after purchasing an additional 36,464 shares during the period. Quadcap Wealth Management LLC owned 38.70% of Janus Henderson Mid Cap Growth Alpha ETF worth $6,536,000 as of its most recent filing with the Securities & Exchange Commission.

Janus Henderson Mid Cap Growth Alpha ETF Price Performance

NASDAQ JMID traded down $0.35 during trading on Monday, hitting $32.35. The company’s stock had a trading volume of 352 shares, compared to its average volume of 5,396. The company has a market cap of $23.61 million, a PE ratio of 19.97 and a beta of 1.16. The business’s 50 day simple moving average is $31.82 and its 200-day simple moving average is $31.01. Janus Henderson Mid Cap Growth Alpha ETF has a fifty-two week low of $27.25 and a fifty-two week high of $33.06.

Janus Henderson Mid Cap Growth Alpha ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.0167 per share. This represents a $0.07 annualized dividend and a dividend yield of 0.2%. This is a decrease from Janus Henderson Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.0404. The ex-dividend date was Wednesday, September 30th.

Janus Henderson Mid Cap Growth Alpha ETF Company Profile

The Janus Henderson Mid Cap Growth Alpha ETF (JMID) is an exchange-traded fund that mostly invests in mid cap equity. The fund is actively managed, seeking long-term capital growth through investments in mid-cap US stocks exhibiting growth characteristics. JMID was launched on Sep 17, 2024 and is issued by Janus Henderson.