iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Short Interest Up 376.6% in April

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 178,541 shares, a growth of 376.6% from the April 15th total of 37,459 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 445,893 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Value ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Merrithew & Thorsten Inc acquired a new stake in iShares S&P Small-Cap 600 Value ETF during the fourth quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter valued at $26,000. Assetmark Inc. grew its position in shares of iShares S&P Small-Cap 600 Value ETF by 138.8% in the 1st quarter. Assetmark Inc. now owns 234 shares of the company’s stock valued at $28,000 after buying an additional 136 shares during the last quarter. Root Financial Partners LLC acquired a new stake in iShares S&P Small-Cap 600 Value ETF during the 3rd quarter worth $29,000. Finally, Accredited Wealth Management LLC lifted its position in iShares S&P Small-Cap 600 Value ETF by 409.6% in the third quarter. Accredited Wealth Management LLC now owns 265 shares of the company’s stock valued at $29,000 after acquiring an additional 213 shares during the last quarter. 71.86% of the stock is owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Value ETF Stock Performance

NYSEARCA IJS traded up $0.83 during trading on Thursday, reaching $127.38. 251,615 shares of the company’s stock were exchanged, compared to its average volume of 469,405. The company has a 50 day moving average price of $122.53 and a two-hundred day moving average price of $119.11. The stock has a market cap of $7.80 billion, a P/E ratio of 13.92 and a beta of 1.01. iShares S&P Small-Cap 600 Value ETF has a 1 year low of $93.17 and a 1 year high of $130.85.

iShares S&P Small-Cap 600 Value ETF Company Profile

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.