Small Cap Growth Alpha ETF (NASDAQ:JSML) Short Interest Down 86.4% in August

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 4,067 shares, a drop of 86.4% from the July 30th total of 29,870 shares. Based on an average daily trading volume, of 14,057 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Small Cap Growth Alpha ETF

A number of institutional investors and hedge funds have recently bought and sold shares of JSML. IHT Wealth Management LLC bought a new stake in Small Cap Growth Alpha ETF in the second quarter valued at approximately $247,000. Fidelity D & D Bancorp Inc. lifted its stake in shares of Small Cap Growth Alpha ETF by 27.2% in the second quarter. Fidelity D & D Bancorp Inc. now owns 25,067 shares of the company’s stock worth $1,691,000 after buying an additional 5,357 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in 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 valued at $45,000 after purchasing an additional 512 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in Small Cap Growth Alpha ETF in the 3rd quarter worth about $105,000. Finally, CreativeOne Wealth LLC bought a new stake in shares of Small Cap Growth Alpha ETF in the third quarter worth approximately $505,000.

Small Cap Growth Alpha ETF Trading Down 0.2%

NASDAQ JSML traded down $0.14 on Wednesday, hitting $89.98. 8,293 shares of the company were exchanged, compared to its average volume of 22,202. Small Cap Growth Alpha ETF has a 12 month low of $66.97 and a 12 month high of $98.01. The company has a market cap of $373.42 million, a PE ratio of 18.21 and a beta of 1.28. The stock has a fifty day moving average of $90.33 and a 200-day moving average of $82.61.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.0463 per share. This represents a $0.19 annualized dividend and a yield of 0.2%. This is a boost from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Tuesday, June 30th.

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.