Small Cap Growth Alpha ETF (NASDAQ:JSML) Shares Shorted: Short Interest Up 686.4% in October

Small Cap Growth Alpha ETF (NASDAQ:JSML) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 18,857 shares, an increase of 686.4% from the October 15th total of 2,398 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 19,120 shares, the short-interest ratio is currently 1.0 days.

Small Cap Growth Alpha ETF Trading Down 1.4%

NASDAQ:JSML opened at $88.10 on Friday. The stock has a market capitalization of $377.07 million, a P/E ratio of 20.52 and a beta of 1.30. Small Cap Growth Alpha ETF has a 1 year low of $66.97 and a 1 year high of $98.01. The firm has a 50 day moving average of $86.96 and a 200-day moving average of $83.67.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Wednesday, September 30th were issued a dividend of $0.0538 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.22 dividend on an annualized basis and a yield of 0.2%. This is a positive change from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.0463.

Hedge Funds Weigh In On Small Cap Growth Alpha ETF

Several institutional investors have recently bought and sold shares of JSML. Park Avenue Securities LLC bought a new stake in shares of Small Cap Growth Alpha ETF during the third quarter worth $248,000. Studio Investment Management LLC grew its stake in shares of Small Cap Growth Alpha ETF by 20.8% during the second quarter. Studio Investment Management LLC now owns 4,300 shares of the company’s stock worth $400,000 after purchasing an additional 741 shares during the period. Fifth Third Securities Inc. increased its holdings in Small Cap Growth Alpha ETF by 19.2% in the third quarter. Fifth Third Securities Inc. now owns 4,978 shares of the company’s stock valued at $428,000 after purchasing an additional 803 shares during the last quarter. PCG Wealth Advisors LLC bought a new stake in Small Cap Growth Alpha ETF in the third quarter valued at about $740,000. Finally, HF Advisory Group LLC lifted its stake in Small Cap Growth Alpha ETF by 2.6% in the third quarter. HF Advisory Group LLC now owns 11,457 shares of the company’s stock valued at $984,000 after buying an additional 293 shares during the period.

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.