Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Short Interest Down 79.2% in April

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMDGet Free Report) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 5,582 shares, a decline of 79.2% from the April 15th total of 26,787 shares. Based on an average trading volume of 101,934 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Small/Mid Cap Growth Alpha ETF Stock Performance

Shares of NASDAQ JSMD traded up $0.46 during mid-day trading on Wednesday, reaching $93.10. The company had a trading volume of 74,719 shares, compared to its average volume of 80,997. Small/Mid Cap Growth Alpha ETF has a twelve month low of $72.40 and a twelve month high of $93.81. The stock has a market capitalization of $989.65 million, a PE ratio of 19.08 and a beta of 1.15. The stock’s 50 day moving average is $84.34 and its 200-day moving average is $84.29.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Tuesday, March 31st were given a $0.0786 dividend. This represents a $0.31 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, March 31st.

Institutional Trading of Small/Mid Cap Growth Alpha ETF

Several large investors have recently added to or reduced their stakes in the business. LPL Financial LLC grew its position in Small/Mid Cap Growth Alpha ETF by 4.4% in the fourth quarter. LPL Financial LLC now owns 776,705 shares of the company’s stock worth $63,348,000 after acquiring an additional 32,489 shares in the last quarter. Mars Jewett Financial Group Inc. bought a new stake in Small/Mid Cap Growth Alpha ETF in the fourth quarter worth approximately $32,923,000. Leelyn Smith LLC grew its position in Small/Mid Cap Growth Alpha ETF by 2.5% in the first quarter. Leelyn Smith LLC now owns 370,443 shares of the company’s stock worth $29,395,000 after acquiring an additional 8,998 shares in the last quarter. Royal Bank of Canada grew its position in Small/Mid Cap Growth Alpha ETF by 12.2% in the fourth quarter. Royal Bank of Canada now owns 336,738 shares of the company’s stock worth $27,464,000 after acquiring an additional 36,520 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in Small/Mid Cap Growth Alpha ETF by 2.2% in the second quarter. Raymond James Financial Inc. now owns 296,929 shares of the company’s stock worth $23,057,000 after acquiring an additional 6,264 shares in the last quarter.

About Small/Mid Cap Growth Alpha ETF

(Get Free Report)

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.

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