iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Sees Significant Increase in Short Interest

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 271,772 shares, an increase of 237.0% from the June 15th total of 80,636 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 361,472 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Value ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Merrithew & Thorsten Inc acquired a new stake in iShares S&P Small-Cap 600 Value ETF in the fourth quarter valued at approximately $25,000. Cornerstone Financial Management LLC acquired a new position in iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth approximately $26,000. Assetmark Inc. grew its holdings in iShares S&P Small-Cap 600 Value ETF by 138.8% during the 1st quarter. Assetmark Inc. now owns 234 shares of the company’s stock worth $28,000 after acquiring an additional 136 shares in the last quarter. Capital Investment Counsel Inc purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter valued at approximately $30,000. Finally, Monetary Solutions Ltd purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter valued at approximately $31,000. 71.86% of the stock is owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Value ETF Price Performance

IJS opened at $134.99 on Monday. The business has a fifty day moving average price of $131.70 and a 200 day moving average price of $124.91. iShares S&P Small-Cap 600 Value ETF has a 12 month low of $97.90 and a 12 month high of $138.00. The stock has a market capitalization of $8.04 billion, a price-to-earnings ratio of 13.92 and a beta of 0.99.

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

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 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 SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.