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

by · The Cerbat Gem

Small Cap Growth Alpha ETF (NASDAQ:JSML – Get Free Report) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 8,210 shares, a growth of 221.1% from the January 29th total of 2,557 shares. Based on an average daily trading volume, of 23,234 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 23,234 shares, the days-to-cover ratio is presently 0.4 days.

Small Cap Growth Alpha ETF Price Performance

JSML traded down $1.33 during trading hours on Friday, hitting $75.69. 7,514 shares of the stock were exchanged, compared to its average volume of 29,757. The stock has a market cap of $293.68 million, a price-to-earnings ratio of 18.21 and a beta of 1.28. The stock has a 50-day simple moving average of $76.25 and a 200-day simple moving average of $74.71. Small Cap Growth Alpha ETF has a 12 month low of $52.84 and a 12 month high of $79.42.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 19th were issued a $0.124 dividend. This is a boost from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.50 annualized dividend and a dividend yield of 0.7%.

Institutional Investors Weigh In On Small Cap Growth Alpha ETF

Several institutional investors and hedge funds have recently bought and sold shares of JSML. Mercer Global Advisors Inc. ADV acquired a new position in Small Cap Growth Alpha ETF in the fourth quarter valued at approximately $265,000. NewEdge Advisors LLC acquired a new position in Small Cap Growth Alpha ETF during the 4th quarter valued at approximately $2,007,000. Align Financial LLC bought a new position in Small Cap Growth Alpha ETF during the 4th quarter worth $76,000. Private Advisor Group LLC grew its stake in Small Cap Growth Alpha ETF by 8.5% during the 4th quarter. Private Advisor Group LLC now owns 110,307 shares of the company’s stock worth $8,115,000 after buying an additional 8,635 shares during the last quarter. Finally, Royal Bank of Canada increased its position in Small Cap Growth Alpha ETF by 4.0% in the fourth quarter. Royal Bank of Canada now owns 161,527 shares of the company’s stock worth $11,883,000 after buying an additional 6,150 shares during the period.

About Small Cap Growth Alpha ETF

(Get Free Report)

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.

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