Short Interest in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Decreases By 75.7%

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 31,000 shares, a decrease of 75.7% from the March 31st total of 127,800 shares. Based on an average trading volume of 195,400 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

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

IJT stock opened at $120.74 on Friday. The company has a market cap of $5.60 billion, a price-to-earnings ratio of 17.47 and a beta of 1.13. The business’s 50-day moving average is $123.29 and its two-hundred day moving average is $134.77. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $107.38 and a fifty-two week high of $152.05.

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

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a $0.2502 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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

Several large investors have recently added to or reduced their stakes in the business. Atala Financial Inc purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth $27,000. CX Institutional bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at about $30,000. Palouse Capital Management Inc. purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth about $31,000. CarsonAllaria Wealth Management Ltd. lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 105.5% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 261 shares of the company’s stock valued at $35,000 after buying an additional 134 shares in the last quarter. Finally, Register Financial Advisors LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth approximately $43,000. 55.81% of the stock is currently owned by institutional investors.

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.