Short Interest in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Increases By 328.8%

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJKGet Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 212,444 shares, an increase of 328.8% from the August 15th total of 49,539 shares. Based on an average daily trading volume, of 178,281 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.2% of the company’s shares are short sold.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.9%

iShares S&P Mid-Cap 400 Growth ETF stock traded up $0.97 during midday trading on Friday, reaching $111.52. The stock had a trading volume of 216,100 shares, compared to its average volume of 343,323. The company has a market capitalization of $10.67 billion, a P/E ratio of 22.45 and a beta of 1.05. The company has a fifty day moving average price of $114.20 and a two-hundred day moving average price of $110.67. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $91.30 and a 12 month high of $119.39.

Institutional Trading of iShares S&P Mid-Cap 400 Growth ETF

Hedge funds have recently bought and sold shares of the business. Litman Gregory Wealth Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at about $25,000. Nemes Rush Group LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at approximately $28,000. National Bank of Canada FI purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at $29,000. Angeles Wealth Management LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 1st quarter worth about $30,000. Finally, Sankala Group LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at approximately $32,000. 67.99% of the stock is currently owned by institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Company Profile

(Get Free Report)

iShares S&P Mid-Cap 400 Growth ETF, formerly iShares S&P MidCap 400 Growth 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 MidCap 400 Growth Index (the Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

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