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

Small Cap Growth Alpha ETF (NASDAQ:JSML) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 4,117 shares, a decrease of 73.2% from the December 31st total of 15,341 shares. Based on an average daily trading volume, of 19,942 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 19,942 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Small Cap Growth Alpha ETF

A number of institutional investors and hedge funds have recently bought and sold shares of JSML. Systelligence LLC bought a new stake in Small Cap Growth Alpha ETF in the fourth quarter worth about $5,141,000. UBS Group AG increased its stake in shares of Small Cap Growth Alpha ETF by 176.3% during the 4th quarter. UBS Group AG now owns 101,083 shares of the company’s stock worth $7,436,000 after purchasing an additional 64,504 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Small Cap Growth Alpha ETF by 784.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 57,022 shares of the company’s stock worth $4,264,000 after purchasing an additional 50,573 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in Small Cap Growth Alpha ETF in the fourth quarter valued at approximately $2,403,000. Finally, Merit Financial Group LLC bought a new position in Small Cap Growth Alpha ETF during the fourth quarter valued at $2,132,000.

Small Cap Growth Alpha ETF Price Performance

Shares of NASDAQ:JSML traded up $0.07 during trading on Thursday, reaching $77.22. 14,482 shares of the stock were exchanged, compared to its average volume of 43,862. Small Cap Growth Alpha ETF has a 1-year low of $52.84 and a 1-year high of $79.42. The stock has a fifty day moving average of $75.54 and a two-hundred day moving average of $73.56. The firm has a market cap of $299.61 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 Friday, December 26th. Stockholders of record on Friday, December 19th were issued a dividend of $0.124 per share. This is an increase from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.09. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, December 19th.

About Small Cap Growth Alpha ETF

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.