Janus Henderson Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Sees Large Increase in Short Interest

Janus Henderson Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 18,300 shares, a growth of 41.9% from the February 13th total of 12,900 shares. Based on an average trading volume of 33,100 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the shares of the stock are sold short.

Janus Henderson Small/Mid Cap Growth Alpha ETF Price Performance

NASDAQ:JSMD opened at $69.69 on Friday. The firm has a market capitalization of $413.26 million, a price-to-earnings ratio of 22.19 and a beta of 1.17. The company’s 50-day moving average is $75.17 and its two-hundred day moving average is $75.02. Janus Henderson Small/Mid Cap Growth Alpha ETF has a 1-year low of $64.53 and a 1-year high of $83.23.

Janus Henderson Small/Mid Cap Growth Alpha ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 20th were paid a dividend of $0.4041 per share. This is an increase from Janus Henderson Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.04. This represents a $1.62 annualized dividend and a yield of 2.32%. The ex-dividend date was Friday, December 20th.

Institutional Investors Weigh In On Janus Henderson Small/Mid Cap Growth Alpha ETF

Several large investors have recently added to or reduced their stakes in JSMD. LPL Financial LLC boosted its stake in Janus Henderson Small/Mid Cap Growth Alpha ETF by 5.8% during the 4th quarter. LPL Financial LLC now owns 502,635 shares of the company’s stock worth $37,734,000 after purchasing an additional 27,487 shares during the period. Bank of America Corp DE increased its holdings in Janus Henderson Small/Mid Cap Growth Alpha ETF by 3.2% during the 4th quarter. Bank of America Corp DE now owns 500,830 shares of the company’s stock valued at $37,598,000 after acquiring an additional 15,524 shares in the last quarter. Leelyn Smith LLC boosted its stake in shares of Janus Henderson Small/Mid Cap Growth Alpha ETF by 2.2% during the 3rd quarter. Leelyn Smith LLC now owns 374,282 shares of the company’s stock worth $27,175,000 after purchasing an additional 7,958 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Janus Henderson Small/Mid Cap Growth Alpha ETF during the 4th quarter worth about $20,614,000. Finally, Resonant Capital Advisors LLC boosted its position in shares of Janus Henderson Small/Mid Cap Growth Alpha ETF by 3.2% in the fourth quarter. Resonant Capital Advisors LLC now owns 226,394 shares of the company’s stock worth $16,996,000 after acquiring an additional 7,071 shares during the last quarter.

Janus Henderson Small/Mid Cap Growth Alpha ETF Company Profile

The Janus Henderson Small\u002FMid Cap Growth Alpha ETF (JSMD) is an exchange-traded fund that is based on the Janus Small Mid Cap Growth Alpha index. The fund tracks an index of US small- and mid-cap stocks with strong fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Triton Fund.