Small Cap Growth Alpha ETF (NASDAQ:JSML) Short Interest Up 205.5% in December

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 15,341 shares, an increase of 205.5% from the December 15th total of 5,021 shares. Based on an average daily volume of 29,693 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.4% of the shares of the stock are sold short. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 29,693 shares, the days-to-cover ratio is currently 0.5 days.

Small Cap Growth Alpha ETF Trading Up 0.1%

NASDAQ JSML traded up $0.07 on Tuesday, reaching $77.45. 3,439 shares of the company were exchanged, compared to its average volume of 22,296. The business’s fifty day moving average price is $74.32 and its 200 day moving average price is $72.76. The stock has a market capitalization of $271.09 million, a P/E ratio of 18.21 and a beta of 1.28. Small Cap Growth Alpha ETF has a fifty-two week low of $52.84 and a fifty-two week high of $77.61.

Small Cap Growth Alpha ETF Increases Dividend

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

Institutional Trading of Small Cap Growth Alpha ETF

Several hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its position in shares of Small Cap Growth Alpha ETF by 784.2% during the third quarter. Farther Finance Advisors LLC now owns 57,022 shares of the company’s stock worth $4,264,000 after buying an additional 50,573 shares during the period. Private Advisor Group LLC lifted its stake in Small Cap Growth Alpha ETF by 22.6% during the 3rd quarter. Private Advisor Group LLC now owns 101,672 shares of the company’s stock worth $7,603,000 after acquiring an additional 18,746 shares in the last quarter. UBS Group AG lifted its stake in Small Cap Growth Alpha ETF by 83.7% during the 3rd quarter. UBS Group AG now owns 36,579 shares of the company’s stock worth $2,735,000 after acquiring an additional 16,665 shares in the last quarter. Gladstone Institutional Advisory LLC purchased a new position in Small Cap Growth Alpha ETF during the 3rd quarter valued at about $1,123,000. Finally, Belpointe Asset Management LLC purchased a new position in shares of Small Cap Growth Alpha ETF in the third quarter valued at approximately $1,052,000.

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.