Small Cap Growth Alpha ETF (NASDAQ:JSML) Short Interest Update

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 704 shares, a drop of 82.7% from the August 15th total of 4,067 shares. Based on an average daily trading volume, of 12,258 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of Small Cap Growth Alpha ETF

A number of hedge funds have recently modified their holdings of JSML. MCF Advisors LLC acquired a new stake in Small Cap Growth Alpha ETF during the second quarter worth about $9,033,000. NewEdge Advisors LLC boosted its position in Small Cap Growth Alpha ETF by 8.2% in the 2nd quarter. NewEdge Advisors LLC now owns 34,719 shares of the company’s stock worth $3,231,000 after purchasing an additional 2,627 shares in the last quarter. IFP Advisors Inc grew its stake in shares of Small Cap Growth Alpha ETF by 3.7% during the 2nd quarter. IFP Advisors Inc now owns 14,956 shares of the company’s stock worth $1,392,000 after purchasing an additional 534 shares during the period. Studio Investment Management LLC lifted its stake in shares of Small Cap Growth Alpha ETF by 20.8% in the 2nd quarter. Studio Investment Management LLC now owns 4,300 shares of the company’s stock valued at $400,000 after purchasing an additional 741 shares during the period. Finally, Hennion & Walsh Asset Management Inc. lifted its stake in shares of Small Cap Growth Alpha ETF by 2.8% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 482,601 shares of the company’s stock valued at $44,908,000 after purchasing an additional 12,977 shares during the period.

Small Cap Growth Alpha ETF Stock Up 0.9%

Shares of Small Cap Growth Alpha ETF stock traded up $0.81 during trading on Friday, reaching $87.19. The company’s stock had a trading volume of 4,481 shares, compared to its average volume of 21,760. Small Cap Growth Alpha ETF has a 1-year low of $66.97 and a 1-year high of $98.01. The company has a 50-day simple moving average of $89.63 and a two-hundred day simple moving average of $83.66. The company has a market cap of $361.82 million, a price-to-earnings ratio of 18.21 and a beta of 1.28.

Small Cap Growth Alpha ETF Increases Dividend

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

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.