iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Short Interest Up 376.6% in April

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 178,541 shares, a growth of 376.6% from the April 15th total of 37,459 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 445,893 shares, the days-to-cover ratio is presently 0.4 days.

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

A number of large investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 0.6% in the 3rd quarter. Bank of America Corp DE now owns 3,285,564 shares of the company’s stock valued at $363,350,000 after purchasing an additional 21,122 shares in the last quarter. UBS Group AG grew its stake in iShares S&P Small-Cap 600 Value ETF by 7.8% in the 3rd quarter. UBS Group AG now owns 1,121,202 shares of the company’s stock valued at $123,994,000 after acquiring an additional 80,921 shares during the last quarter. Valpey Financial Services LLC grew its stake in iShares S&P Small-Cap 600 Value ETF by 11,307.1% in the 4th quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock valued at $122,029,000 after acquiring an additional 1,063,657 shares during the last quarter. Ameriprise Financial Inc. grew its stake in iShares S&P Small-Cap 600 Value ETF by 6.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 713,490 shares of the company’s stock valued at $79,114,000 after acquiring an additional 40,917 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in iShares S&P Small-Cap 600 Value ETF by 6.8% in the 4th quarter. Royal Bank of Canada now owns 517,480 shares of the company’s stock valued at $58,847,000 after acquiring an additional 33,000 shares during the last quarter. Hedge funds and other institutional investors own 71.86% of the company’s stock.

iShares S&P Small-Cap 600 Value ETF Stock Down 1.1%

Shares of IJS opened at $127.11 on Wednesday. The company has a 50-day simple moving average of $122.37 and a 200-day simple moving average of $118.91. The company has a market capitalization of $7.78 billion, a PE ratio of 13.92 and a beta of 1.01. iShares S&P Small-Cap 600 Value ETF has a 52-week low of $93.17 and a 52-week high of $130.85.

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.