Short Interest in Small Cap Growth Alpha ETF (NASDAQ:JSML) Expands By 11,825.0%

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 95,400 shares, anincreaseof11,825.0% from the July 15th total of 800 shares. Currently,3.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,900 shares, the short-interest ratio is presently 6.4 days. Based on an average daily trading volume, of 14,900 shares, the short-interest ratio is presently 6.4 days. Currently,3.6% of the shares of the stock are short sold.

Institutional Investors Weigh In On Small Cap Growth Alpha ETF

A number of hedge funds have recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Small Cap Growth Alpha ETF by 23.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 121,990 shares of the company’s stock valued at $7,424,000 after purchasing an additional 23,219 shares during the period. Farther Finance Advisors LLC purchased a new stake in shares of Small Cap Growth Alpha ETF during the first quarter valued at $121,000. LPL Financial LLC boosted its stake in shares of Small Cap Growth Alpha ETF by 36.7% during the first quarter. LPL Financial LLC now owns 199,115 shares of the company’s stock valued at $12,118,000 after purchasing an additional 53,503 shares during the period. Bank of America Corp DE boosted its stake in shares of Small Cap Growth Alpha ETF by 74.1% during the fourth quarter. Bank of America Corp DE now owns 23,477 shares of the company’s stock valued at $1,539,000 after purchasing an additional 9,992 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of Small Cap Growth Alpha ETF by 1.2% during the fourth quarter. Ameriprise Financial Inc. now owns 19,608 shares of the company’s stock valued at $1,285,000 after purchasing an additional 233 shares during the period.

Small Cap Growth Alpha ETF Price Performance

Small Cap Growth Alpha ETF stock opened at $70.55 on Friday. The stock has a market cap of $189.06 million, a P/E ratio of 18.21 and a beta of 1.28. The firm’s 50 day moving average price is $67.80 and its 200-day moving average price is $64.30. Small Cap Growth Alpha ETF has a 1 year low of $52.84 and a 1 year high of $74.37.

Small Cap Growth Alpha ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 7th. Stockholders of record on Monday, June 30th were given a dividend of $0.2068 per share. The ex-dividend date was Monday, June 30th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.2%.

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.