Short Interest in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Drops By 14.8%

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 89,899 shares, a drop of 14.8% from the December 31st total of 105,463 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 586,400 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 586,400 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

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

NYSEARCA:IJS traded up $0.21 during trading hours on Tuesday, reaching $122.52. The company had a trading volume of 425,527 shares, compared to its average volume of 424,065. The business’s 50 day moving average price is $117.32 and its 200-day moving average price is $111.51. iShares S&P Small-Cap 600 Value ETF has a 1-year low of $82.10 and a 1-year high of $125.11. The firm has a market cap of $7.55 billion, a PE ratio of 13.92 and a beta of 1.08.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brandywine Oak Private Wealth LLC acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at approximately $202,000. Merrithew & Thorsten Inc purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter worth approximately $25,000. CGC Financial Services LLC increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 21.8% during the fourth quarter. CGC Financial Services LLC now owns 1,594 shares of the company’s stock worth $181,000 after purchasing an additional 285 shares in the last quarter. International Assets Investment Management LLC purchased a new position in iShares S&P Small-Cap 600 Value ETF in the 4th quarter valued at $60,000. Finally, WealthShield Partners LLC lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 56.1% in the 4th quarter. WealthShield Partners LLC now owns 16,604 shares of the company’s stock valued at $1,888,000 after purchasing an additional 5,965 shares in the last quarter. 71.86% of the stock is owned by hedge funds and other institutional investors.

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.