Janus Henderson Income ETF (NYSEARCA:JIII) Sees Significant Decline in Short Interest

Janus Henderson Income ETF (NYSEARCA:JIII) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 11,754 shares, a decrease of 50.5% from the July 15th total of 23,751 shares. Based on an average trading volume of 12,424 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.3% of the shares of the stock are sold short.

Janus Henderson Income ETF Trading Down 0.3%

JIII traded down $0.15 on Friday, hitting $49.68. 7,080 shares of the company’s stock were exchanged, compared to its average volume of 15,021. Janus Henderson Income ETF has a fifty-two week low of $49.20 and a fifty-two week high of $51.64. The stock has a market cap of $191.27 million, a price-to-earnings ratio of 22.21 and a beta of 0.12. The firm has a 50-day moving average price of $49.76 and a 200-day moving average price of $49.96.

Institutional Investors Weigh In On Janus Henderson Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Great Lakes Advisors LLC purchased a new position in shares of Janus Henderson Income ETF during the 2nd quarter worth $217,000. Foster & Motley Inc. purchased a new stake in shares of Janus Henderson Income ETF in the 2nd quarter valued at approximately $1,317,000. Castle Rock Wealth Management LLC grew its stake in shares of Janus Henderson Income ETF by 4.5% in the 2nd quarter. Castle Rock Wealth Management LLC now owns 39,111 shares of the company’s stock valued at $1,947,000 after buying an additional 1,691 shares during the period. Southern Financial Group LLC increased its stake in Janus Henderson Income ETF by 2.1% during the first quarter. Southern Financial Group LLC now owns 1,355,876 shares of the company’s stock worth $67,222,000 after acquiring an additional 28,319 shares during the last quarter. Finally, NewEdge Advisors LLC acquired a new stake in Janus Henderson Income ETF during the first quarter worth $11,256,000.

Janus Henderson Income ETF Company Profile

The Janus Henderson Income ETF (JIII) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities of any credit quality and maturity issued by governments and corporations from around the globe. The fund seeks high current income with a secondary focus on capital appreciation. JIII was launched on Nov 12, 2024 and is issued by Janus Henderson.