Small Cap Growth Alpha ETF (NASDAQ:JSML) Sees Large Increase in Short Interest

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 15,341 shares, a growth of 205.5% from the December 15th total of 5,021 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 29,693 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 29,693 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On Small Cap Growth Alpha ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Willner & Heller LLC raised its holdings in shares of Small Cap Growth Alpha ETF by 2.5% in the third quarter. Willner & Heller LLC now owns 14,275 shares of the company’s stock worth $1,067,000 after buying an additional 343 shares during the period. Commonwealth Equity Services LLC increased its holdings in Small Cap Growth Alpha ETF by 0.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 137,236 shares of the company’s stock worth $10,262,000 after purchasing an additional 462 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Small Cap Growth Alpha ETF by 328.2% in the second quarter. Geneos Wealth Management Inc. now owns 668 shares of the company’s stock valued at $45,000 after acquiring an additional 512 shares in the last quarter. Smith Moore & CO. increased its position in Small Cap Growth Alpha ETF by 12.8% during the 3rd quarter. Smith Moore & CO. now owns 5,417 shares of the company’s stock valued at $405,000 after purchasing an additional 615 shares during the period. Finally, Independent Wealth Network Inc. raised its stake in Small Cap Growth Alpha ETF by 6.4% in the second quarter. Independent Wealth Network Inc. now owns 11,050 shares of the company’s stock worth $745,000 after buying an additional 666 shares in the last quarter.

Small Cap Growth Alpha ETF Stock Performance

Shares of JSML traded down $0.21 during mid-day trading on Wednesday, reaching $77.12. The stock had a trading volume of 9,804 shares, compared to its average volume of 21,300. Small Cap Growth Alpha ETF has a 12 month low of $52.84 and a 12 month high of $77.72. The firm has a market cap of $269.92 million, a price-to-earnings ratio of 18.21 and a beta of 1.28. The business has a fifty day moving average of $74.39 and a 200 day moving average of $72.83.

Small Cap Growth Alpha ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 19th were paid a $0.124 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.09.

About Small Cap Growth Alpha ETF

The Janus Henderson Small Cap Growth Alpha ETF (JSML) is an exchange-traded fund that is based on the Janus Small Cap Growth Alpha index. The fund tracks a market cap-weighted index of US small cap stocks selected by fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Venture Fund. JSML was launched on Feb 25, 2016 and is managed by Janus Henderson.