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

Small Cap Growth Alpha ETF (NASDAQ:JSML) saw a significant growth in short interest in March. As of March 31st, there was short interest totaling 13,550 shares, a growth of 46.5% from the March 15th total of 9,252 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,577 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Small Cap Growth Alpha ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its stake 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 buying an additional 512 shares during the period. Triumph Capital Management bought a new stake in Small Cap Growth Alpha ETF during the 3rd quarter worth approximately $67,000. Kestra Advisory Services LLC bought a new stake in Small Cap Growth Alpha ETF during the 4th quarter worth approximately $68,000. Align Financial LLC acquired a new position in Small Cap Growth Alpha ETF in the 4th quarter valued at approximately $76,000. Finally, JPMorgan Chase & Co. acquired a new position in Small Cap Growth Alpha ETF in the 3rd quarter valued at approximately $105,000.

Small Cap Growth Alpha ETF Stock Performance

Shares of JSML traded up $1.59 during trading hours on Tuesday, reaching $78.35. The stock had a trading volume of 11,273 shares, compared to its average volume of 24,881. Small Cap Growth Alpha ETF has a 12 month low of $54.65 and a 12 month high of $79.42. The stock has a market capitalization of $304.00 million, a PE ratio of 18.21 and a beta of 1.23. The company’s 50-day moving average is $73.38 and its two-hundred day moving average is $74.43.

Small Cap Growth Alpha ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Tuesday, March 31st were given a $0.0423 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.17 annualized dividend and a yield of 0.2%.

Small Cap Growth Alpha ETF Company Profile

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.