iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Up 59.7% in February

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 88,500 shares, a growth of 59.7% from the February 13th total of 55,400 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 159,900 shares, the days-to-cover ratio is currently 0.6 days.

iShares S&P Small-Cap 600 Growth ETF Trading Up 2.7 %

Shares of IJT traded up $3.25 during trading hours on Friday, reaching $124.25. 186,978 shares of the company traded hands, compared to its average volume of 131,859. The firm has a market cap of $5.90 billion, a price-to-earnings ratio of 19.15 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $120.32 and a 12-month high of $152.05. The stock’s fifty day moving average price is $135.69 and its 200 day moving average price is $138.47.

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

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

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

A number of large investors have recently made changes to their positions in IJT. Raymond James Financial Inc. bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter valued at about $52,544,000. Essential Planning LLC. raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 6,396.5% in the fourth quarter. Essential Planning LLC. now owns 225,170 shares of the company’s stock valued at $31,851,000 after acquiring an additional 221,704 shares in the last quarter. Brown Advisory Inc. raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 353.0% in the fourth quarter. Brown Advisory Inc. now owns 253,823 shares of the company’s stock valued at $34,360,000 after acquiring an additional 197,787 shares in the last quarter. World Investment Advisors raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 1,134.8% in the fourth quarter. World Investment Advisors now owns 147,211 shares of the company’s stock valued at $19,928,000 after acquiring an additional 135,289 shares in the last quarter. Finally, Matauro LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter valued at about $13,674,000. 55.81% of the stock is owned by hedge funds and other 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.