Short Interest in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Grows By 55.1%

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 144,700 shares, a growth of 55.1% from the November 30th total of 93,300 shares. Based on an average daily trading volume, of 141,000 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Investors Weigh In On iShares S&P Small-Cap 600 Growth ETF

Large investors have recently bought and sold shares of the company. LPL Financial LLC lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 10.5% in the third quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock worth $120,485,000 after buying an additional 82,307 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in iShares S&P Small-Cap 600 Growth ETF by 5.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 463,739 shares of the company’s stock worth $59,563,000 after buying an additional 22,291 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 6.8% during the third quarter. Commonwealth Equity Services LLC now owns 403,693 shares of the company’s stock worth $56,311,000 after buying an additional 25,626 shares during the last quarter. HighTower Advisors LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 5.6% during the third quarter. HighTower Advisors LLC now owns 329,721 shares of the company’s stock worth $46,024,000 after buying an additional 17,439 shares during the last quarter. Finally, One Capital Management LLC grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.4% in the 2nd quarter. One Capital Management LLC now owns 326,869 shares of the company’s stock valued at $41,980,000 after buying an additional 1,291 shares in the last quarter. 55.81% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Performance

NASDAQ:IJT opened at $136.55 on Monday. The stock has a market capitalization of $6.38 billion, a PE ratio of 14.69 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $118.72 and a fifty-two week high of $152.05. The company has a fifty day moving average of $142.62 and a two-hundred day moving average of $137.31.

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

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.3508 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares S&P Small-Cap 600 Growth ETF

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.