Janus Henderson Income ETF (NYSEARCA:JIII) Sees Significant Decline in Short Interest

Janus Henderson Income ETF (NYSEARCA:JIII) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 11,754 shares, a decline of 50.5% from the July 15th total of 23,751 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 12,424 shares, the short-interest ratio is presently 0.9 days.

Janus Henderson Income ETF Stock Down 0.1%

Shares of JIII stock traded down $0.05 on Monday, reaching $49.63. The stock had a trading volume of 9,532 shares, compared to its average volume of 14,985. Janus Henderson Income ETF has a 12 month low of $49.20 and a 12 month high of $51.64. The firm has a market capitalization of $191.08 million, a price-to-earnings ratio of 22.21 and a beta of 0.12. The firm’s 50-day moving average is $49.76 and its two-hundred day moving average is $49.96.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC acquired a new stake in Janus Henderson Income ETF during the 1st quarter valued at $11,256,000. Prevail Innovative Wealth Advisors LLC acquired a new position in shares of Janus Henderson Income ETF in the fourth quarter valued at $3,486,000. Hidden Cove Wealth Management LLC bought a new position in shares of Janus Henderson Income ETF in the fourth quarter valued at about $1,681,000. QTR Family Wealth LLC bought a new position in shares of Janus Henderson Income ETF in the fourth quarter valued at about $1,498,000. Finally, Southern Financial Group LLC raised its position in shares of Janus Henderson Income ETF by 2.1% in the first quarter. Southern Financial Group LLC now owns 1,355,876 shares of the company’s stock valued at $67,222,000 after purchasing an additional 28,319 shares during the period.

About Janus Henderson Income ETF

The Janus Henderson Income ETF (JIII) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities of any credit quality and maturity issued by governments and corporations from around the globe. The fund seeks high current income with a secondary focus on capital appreciation. JIII was launched on Nov 12, 2024 and is issued by Janus Henderson.