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

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 2,893 shares, a decrease of 64.8% from the February 12th total of 8,210 shares. Based on an average daily trading volume, of 9,362 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,362 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Small Cap Growth Alpha ETF

Several large investors have recently made changes to their positions in JSML. Geneos Wealth Management Inc. increased its position in shares of Small Cap Growth Alpha ETF by 328.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 668 shares of the company’s stock worth $45,000 after purchasing an additional 512 shares in the last quarter. Triumph Capital Management acquired a new position in Small Cap Growth Alpha ETF in the third quarter valued at about $67,000. Kestra Advisory Services LLC acquired a new position in Small Cap Growth Alpha ETF in the fourth quarter valued at about $68,000. Align Financial LLC bought a new stake in Small Cap Growth Alpha ETF during the fourth quarter worth about $76,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Small Cap Growth Alpha ETF during the third quarter worth approximately $105,000.

Small Cap Growth Alpha ETF Price Performance

Shares of JSML stock opened at $72.20 on Wednesday. The stock’s fifty day simple moving average is $76.03 and its 200 day simple moving average is $74.91. Small Cap Growth Alpha ETF has a one year low of $52.84 and a one year high of $79.42. The firm has a market cap of $280.14 million, a price-to-earnings ratio of 18.21 and a beta of 1.28.

Small Cap Growth Alpha ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 19th were issued a dividend of $0.124 per share. The ex-dividend date of this dividend 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 dividend on an annualized basis and a dividend yield of 0.7%.

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.