Small Cap Growth Alpha ETF (NASDAQ:JSML) Short Interest Update

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 4,117 shares, a decline of 73.2% from the December 31st total of 15,341 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 19,942 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 19,942 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Small Cap Growth Alpha ETF Stock Performance

Shares of NASDAQ JSML traded up $0.02 during midday trading on Wednesday, hitting $77.15. 8,085 shares of the company’s stock traded hands, compared to its average volume of 45,499. The firm has a fifty day moving average of $75.38 and a 200 day moving average of $73.54. Small Cap Growth Alpha ETF has a 1 year low of $52.84 and a 1 year high of $79.42. The stock has a market capitalization of $299.34 million, a price-to-earnings ratio of 18.21 and a beta of 1.28.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 19th were given a $0.124 dividend. The ex-dividend date was Friday, December 19th. This is a boost 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 Investors Weigh In On Small Cap Growth Alpha ETF

A number of hedge funds have recently modified their holdings of JSML. Capital Advisors Ltd. LLC raised its stake in Small Cap Growth Alpha ETF by 3.6% during the 4th quarter. Capital Advisors Ltd. LLC now owns 3,864 shares of the company’s stock valued at $284,000 after purchasing an additional 133 shares during the period. Independent Wealth Network Inc. grew its holdings in Small Cap Growth Alpha ETF by 1.3% during the 4th quarter. Independent Wealth Network Inc. now owns 13,647 shares of the company’s stock valued at $1,004,000 after buying an additional 169 shares in the last quarter. Willner & Heller LLC raised its position in shares of Small Cap Growth Alpha ETF by 2.5% during the third quarter. Willner & Heller LLC now owns 14,275 shares of the company’s stock valued at $1,067,000 after buying an additional 343 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of Small Cap Growth Alpha ETF by 0.3% during the third quarter. Commonwealth Equity Services LLC now owns 137,236 shares of the company’s stock valued at $10,262,000 after buying an additional 462 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted 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 worth $45,000 after buying an additional 512 shares in the last quarter.

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.