Short Interest in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Expands By 44.5%

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 39,600 shares, a growth of 44.5% from the January 15th total of 27,400 shares. Based on an average daily volume of 148,400 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of IJT. FMR LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 0.9% in the 4th quarter. FMR LLC now owns 1,355,351 shares of the company’s stock worth $183,474,000 after purchasing an additional 12,648 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 8.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,248,807 shares of the company’s stock worth $169,051,000 after purchasing an additional 93,776 shares during the period. PNC Financial Services Group Inc. raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,023,028 shares of the company’s stock worth $138,487,000 after acquiring an additional 3,228 shares during the period. LPL Financial LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 10.5% in the 3rd quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock worth $120,485,000 after purchasing an additional 82,307 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in iShares S&P Small-Cap 600 Growth ETF by 21.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 488,656 shares of the company’s stock valued at $66,149,000 after acquiring an additional 84,963 shares during the period. Institutional investors own 55.81% of the company’s stock.

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

NASDAQ:IJT opened at $139.36 on Friday. The firm has a market cap of $6.62 billion, a P/E ratio of 14.69 and a beta of 1.13. The firm has a 50-day simple moving average of $139.31 and a 200-day simple moving average of $138.98. iShares S&P Small-Cap 600 Growth ETF has a one year low of $121.20 and a one year high of $152.05.

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

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

iShares S&P Small-Cap 600 Growth ETF Company Profile

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.