iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Sees Large Growth in Short Interest

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 142,100 shares, a growth of 113.7% from the August 31st total of 66,500 shares. Based on an average daily trading volume, of 140,100 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 140,100 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Investors Weigh In On iShares S&P Mid-Cap 400 Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IJJ. Brighton Jones LLC increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 52.2% during the 4th quarter. Brighton Jones LLC now owns 5,797 shares of the company’s stock valued at $724,000 after purchasing an additional 1,988 shares in the last quarter. GAMMA Investing LLC increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 11,873.1% during the 1st quarter. GAMMA Investing LLC now owns 40,469 shares of the company’s stock valued at $4,845,000 after purchasing an additional 40,131 shares in the last quarter. NBC Securities Inc. increased its holdings in iShares S&P Mid-Cap 400 Value ETF by 168,000.0% during the 1st quarter. NBC Securities Inc. now owns 1,681 shares of the company’s stock valued at $201,000 after purchasing an additional 1,680 shares in the last quarter. RFG Advisory LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 5.3% in the 1st quarter. RFG Advisory LLC now owns 3,454 shares of the company’s stock valued at $414,000 after buying an additional 174 shares during the period. Finally, Hudson Capital Management LLC increased its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 1.5% in the 1st quarter. Hudson Capital Management LLC now owns 43,492 shares of the company’s stock valued at $5,207,000 after buying an additional 647 shares during the period. 66.95% of the stock is owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Value ETF Price Performance

iShares S&P Mid-Cap 400 Value ETF stock opened at $131.10 on Monday. The company has a market capitalization of $8.04 billion, a PE ratio of 16.13 and a beta of 1.17. iShares S&P Mid-Cap 400 Value ETF has a one year low of $102.24 and a one year high of $136.42. The business has a 50 day simple moving average of $128.58 and a 200 day simple moving average of $122.75.

About iShares S&P Mid-Cap 400 Value ETF

iShares S&P Mid-Cap 400 Value ETF, formerly iShares S&P MidCap 400 Value Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Value Index (the Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics.