Small Cap Growth Alpha ETF (NASDAQ:JSML) Stock Short Interest Rises 76.8%

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,245 shares, a growth of 76.8% from the August 31st total of 704 shares. Based on an average trading volume of 33,237 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Unified Investment Management boosted its stake in shares of Small Cap Growth Alpha ETF by 6.9% during the first quarter. Unified Investment Management now owns 6,228 shares of the company’s stock valued at $436,000 after purchasing an additional 400 shares during the period. IFP Advisors Inc increased its stake in shares of Small Cap Growth Alpha ETF by 3.7% in the second quarter. IFP Advisors Inc now owns 14,956 shares of the company’s stock worth $1,392,000 after buying an additional 534 shares during the period. Studio Investment Management LLC increased its stake in shares of Small Cap Growth Alpha ETF by 20.8% in the second quarter. Studio Investment Management LLC now owns 4,300 shares of the company’s stock worth $400,000 after buying an additional 741 shares during the period. Key Financial Inc raised its holdings in Small Cap Growth Alpha ETF by 39.7% during the 1st quarter. Key Financial Inc now owns 6,508 shares of the company’s stock valued at $456,000 after buying an additional 1,850 shares during the last quarter. Finally, Silver Oak Securities Incorporated raised its holdings in Small Cap Growth Alpha ETF by 24.1% during the 1st quarter. Silver Oak Securities Incorporated now owns 12,729 shares of the company’s stock valued at $891,000 after buying an additional 2,469 shares during the last quarter.

Small Cap Growth Alpha ETF Stock Down 0.2%

Shares of NASDAQ:JSML traded down $0.20 during midday trading on Tuesday, reaching $86.47. 200,989 shares of the company traded hands, compared to its average volume of 23,409. Small Cap Growth Alpha ETF has a 12 month low of $66.97 and a 12 month high of $98.01. The firm has a market capitalization of $339.81 million, a price-to-earnings ratio of 18.21 and a beta of 1.28. The firm’s fifty day moving average price is $88.84 and its two-hundred day moving average price is $84.69.

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.