Short Interest in Small Cap Growth Alpha ETF (NASDAQ:JSML) Drops By 38.5%

Small Cap Growth Alpha ETF (NASDAQ:JSML) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 800 shares, a drop of 38.5% from the June 30th total of 1,300 shares. Based on an average daily trading volume, of 13,600 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Small Cap Growth Alpha ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Harbour Investments Inc. acquired a new position in shares of Small Cap Growth Alpha ETF during the first quarter valued at about $113,000. Farther Finance Advisors LLC bought a new position in Small Cap Growth Alpha ETF during the first quarter valued at about $121,000. NewEdge Advisors LLC acquired a new position in Small Cap Growth Alpha ETF in the 4th quarter valued at approximately $222,000. Napatree Capital LLC bought a new stake in shares of Small Cap Growth Alpha ETF in the 1st quarter worth approximately $246,000. Finally, BlueChip Wealth Advisors LLC bought a new stake in shares of Small Cap Growth Alpha ETF in the 1st quarter worth approximately $266,000.

Small Cap Growth Alpha ETF Trading Up 0.9%

Shares of Small Cap Growth Alpha ETF stock opened at $68.72 on Thursday. Small Cap Growth Alpha ETF has a 1-year low of $52.84 and a 1-year high of $74.37. The firm has a fifty day simple moving average of $66.75 and a 200-day simple moving average of $64.20. The stock has a market capitalization of $185.54 million, a price-to-earnings ratio of 18.21 and a beta of 1.28.

Small Cap Growth Alpha ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 7th. Shareholders of record on Monday, June 30th were issued a $0.2068 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date was Monday, June 30th.

About Small Cap Growth Alpha ETF

The Janus Henderson Small Cap Growth Alpha ETF (JSML) is an exchange-traded fund that is based on the Janus Small Cap Growth Alpha index. The fund tracks a market cap-weighted index of US small cap stocks selected by fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Venture Fund.