Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Short Interest Up 203.4% in July

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMDGet Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 29,373 shares, an increase of 203.4% from the June 30th total of 9,682 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 84,546 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Small/Mid Cap Growth Alpha ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sanctuary Advisors LLC boosted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 2.1% during the 1st quarter. Sanctuary Advisors LLC now owns 6,001 shares of the company’s stock valued at $476,000 after purchasing an additional 125 shares during the last quarter. Altus Wealth Group LLC grew its holdings in Small/Mid Cap Growth Alpha ETF by 1.7% during the 4th quarter. Altus Wealth Group LLC now owns 8,450 shares of the company’s stock valued at $689,000 after buying an additional 138 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in Small/Mid Cap Growth Alpha ETF by 1.4% during the 4th quarter. Kingsview Wealth Management LLC now owns 14,750 shares of the company’s stock valued at $1,203,000 after buying an additional 197 shares in the last quarter. Global Retirement Partners LLC increased its stake in 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 worth $94,000 after acquiring an additional 250 shares during the last quarter. Finally, HighTower Advisors LLC increased its stake in Small/Mid Cap Growth Alpha ETF by 4.0% in the 4th quarter. HighTower Advisors LLC now owns 9,892 shares of the company’s stock worth $807,000 after acquiring an additional 378 shares during the last quarter.

Small/Mid Cap Growth Alpha ETF Stock Down 0.4%

NASDAQ:JSMD traded down $0.34 during trading hours on Monday, hitting $94.22. 26,559 shares of the stock traded hands, compared to its average volume of 80,319. Small/Mid Cap Growth Alpha ETF has a 1 year low of $75.30 and a 1 year high of $101.70. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 19.08 and a beta of 1.14. The stock has a 50 day moving average price of $96.02 and a 200 day moving average price of $89.05.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.0819 per share. The ex-dividend date was Tuesday, June 30th. This is an increase from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. This represents a $0.33 annualized dividend and a dividend yield of 0.3%.

Small/Mid Cap Growth Alpha ETF Company Profile

(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.

Further Reading

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