iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Short Interest Up 23.7% in March

iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 8,094,965 shares, a growth of 23.7% from the February 26th total of 6,546,235 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 24,577,484 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On iShares Core S&P Mid-Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IJH. Novak & Powell Financial Services Inc. increased its holdings in shares of iShares Core S&P Mid-Cap ETF by 0.3% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 42,168 shares of the company’s stock worth $2,783,000 after purchasing an additional 145 shares during the period. U.S. Capital Wealth Advisors LLC boosted its stake in iShares Core S&P Mid-Cap ETF by 0.5% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 27,627 shares of the company’s stock valued at $1,823,000 after buying an additional 146 shares during the period. Courage Miller Partners LLC grew its position in iShares Core S&P Mid-Cap ETF by 1.1% during the fourth quarter. Courage Miller Partners LLC now owns 13,688 shares of the company’s stock worth $903,000 after buying an additional 150 shares in the last quarter. Winthrop Capital Management LLC grew its position in iShares Core S&P Mid-Cap ETF by 1.2% during the fourth quarter. Winthrop Capital Management LLC now owns 12,952 shares of the company’s stock worth $855,000 after buying an additional 150 shares in the last quarter. Finally, Bfsg LLC increased its stake in iShares Core S&P Mid-Cap ETF by 4.6% in the 3rd quarter. Bfsg LLC now owns 3,492 shares of the company’s stock worth $228,000 after acquiring an additional 155 shares during the last quarter. 14.60% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P Mid-Cap ETF Price Performance

Shares of iShares Core S&P Mid-Cap ETF stock traded down $0.52 on Monday, hitting $65.59. The company had a trading volume of 16,261,670 shares, compared to its average volume of 18,271,373. The stock has a 50-day moving average of $69.64 and a 200-day moving average of $67.24. iShares Core S&P Mid-Cap ETF has a twelve month low of $50.15 and a twelve month high of $72.56. The firm has a market capitalization of $102.44 billion, a P/E ratio of 19.00 and a beta of 1.07.

iShares Core S&P Mid-Cap ETF Company Profile

Ishares S&P Midcap 400 Index Fund, formerly The iShares Core S&P Mid-Cap ETF (the Fund), seeks investment results that correspond to the price and yield performance, before fees and expenses, of the United States mid-cap stocks, as represented by the Standard & Poor’s MidCap 400 (the Underlying Index). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies.