Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Sees Large Growth in Short Interest

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 32,763 shares, a growth of 189.9% from the July 30th total of 11,303 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 64,167 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Small/Mid Cap Growth Alpha ETF

Several large investors have recently added to or reduced their stakes in the business. Triumph Capital Management purchased a new stake in Small/Mid Cap Growth Alpha ETF during the 3rd quarter worth about $59,000. Global Retirement Partners LLC raised its holdings in shares of Small/Mid Cap Growth Alpha ETF by 27.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock valued at $94,000 after purchasing an additional 250 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Small/Mid Cap Growth Alpha ETF during the 4th quarter worth $184,000. Pacific Wealth Strategies Group Inc. acquired a new position in shares of Small/Mid Cap Growth Alpha ETF during the first quarter worth $274,000. Finally, Sigma Planning Corp acquired a new position in shares of Small/Mid Cap Growth Alpha ETF during the fourth quarter worth $319,000.

Small/Mid Cap Growth Alpha ETF Trading Down 1.9%

Small/Mid Cap Growth Alpha ETF stock traded down $1.81 during trading on Friday, hitting $93.22. The company had a trading volume of 47,874 shares, compared to its average volume of 77,108. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 19.08 and a beta of 1.15. Small/Mid Cap Growth Alpha ETF has a 1-year low of $75.30 and a 1-year high of $101.70. The company’s 50 day simple moving average is $96.27 and its 200-day simple moving average is $90.60.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.0819 per share. This represents a $0.33 dividend on an annualized basis and a yield of 0.4%. This is a boost from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, June 30th.

Small/Mid Cap Growth Alpha ETF Company Profile

The Janus Henderson Small\u002FMid Cap Growth Alpha ETF (JSMD) is an exchange-traded fund that is based on the Janus Small Mid Cap Growth Alpha index. The fund tracks an index of US small- and mid-cap stocks with strong fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Triton Fund. JSMD was launched on Feb 25, 2016 and is managed by Janus Henderson.