Small Cap Growth Alpha ETF (NASDAQ:JSML) Short Interest Down 86.4% in August

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 4,067 shares, a decrease of 86.4% from the July 30th total of 29,870 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 14,057 shares, the days-to-cover ratio is currently 0.3 days.

Small Cap Growth Alpha ETF Stock Performance

NASDAQ JSML traded down $1.58 on Friday, reaching $88.86. The stock had a trading volume of 8,202 shares, compared to its average volume of 22,164. The stock has a market cap of $368.77 million, a P/E ratio of 18.21 and a beta of 1.28. Small Cap Growth Alpha ETF has a 12-month low of $66.97 and a 12-month high of $98.01. The business’s 50-day moving average price is $90.34 and its 200 day moving average price is $82.82.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 30th were paid a dividend of $0.0463 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.19 dividend on an annualized basis and a yield of 0.2%. This is an increase from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.04.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Fidelity D & D Bancorp Inc. boosted its stake in shares of Small Cap Growth Alpha ETF by 50.1% during the fourth quarter. Fidelity D & D Bancorp Inc. now owns 41,838 shares of the company’s stock worth $3,078,000 after buying an additional 13,958 shares during the period. Horizon Family Wealth Inc. acquired a new position in Small Cap Growth Alpha ETF in the 4th quarter valued at about $3,331,000. Triangle Securities Wealth Management increased its position in Small Cap Growth Alpha ETF by 7.8% in the 1st quarter. Triangle Securities Wealth Management now owns 84,456 shares of the company’s stock valued at $5,914,000 after acquiring an additional 6,095 shares during the period. Blue Jean Financial LLC purchased a new stake in Small Cap Growth Alpha ETF during the 4th quarter valued at approximately $701,000. Finally, UBS Group AG raised its stake in Small Cap Growth Alpha ETF by 176.3% during the 4th quarter. UBS Group AG now owns 101,083 shares of the company’s stock valued at $7,436,000 after acquiring an additional 64,504 shares during the last quarter.

Small Cap Growth Alpha ETF Company Profile

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. JSML was launched on Feb 25, 2016 and is managed by Janus Henderson.