iShares Russell 2000 Growth Index (IWO) Sees Significant Drop in Short Interest

iShares Russell 2000 Growth Index (NYSEARCA:IWO) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 2,380,661 shares, a decrease of 36.1% from the November 30th total of 3,724,730 shares. Based on an average daily volume of 986,716 shares, the short-interest ratio is currently 2.4 days.

Several hedge funds have recently made changes to their positions in the company. EP Wealth Advisors LLC grew its position in iShares Russell 2000 Growth Index by 0.7% during the second quarter. EP Wealth Advisors LLC now owns 1,350 shares of the exchange traded fund’s stock valued at $228,000 after buying an additional 10 shares during the period. Carnegie Capital Asset Management LLC grew its position in iShares Russell 2000 Growth Index by 1.5% during the second quarter. Carnegie Capital Asset Management LLC now owns 3,366 shares of the exchange traded fund’s stock valued at $567,000 after buying an additional 50 shares during the period. Arcus Capital Partners LLC grew its position in iShares Russell 2000 Growth Index by 0.7% during the second quarter. Arcus Capital Partners LLC now owns 10,678 shares of the exchange traded fund’s stock valued at $1,802,000 after buying an additional 72 shares during the period. Paradigm Financial Advisors LLC grew its position in iShares Russell 2000 Growth Index by 4.4% during the second quarter. Paradigm Financial Advisors LLC now owns 2,072 shares of the exchange traded fund’s stock valued at $350,000 after buying an additional 87 shares during the period. Finally, Jackson Grant Investment Advisers Inc. grew its position in iShares Russell 2000 Growth Index by 1.2% during the second quarter. Jackson Grant Investment Advisers Inc. now owns 8,435 shares of the exchange traded fund’s stock valued at $1,424,000 after buying an additional 104 shares during the period.

Shares of iShares Russell 2000 Growth Index (NYSEARCA IWO) opened at $189.56 on Friday. The company has a market cap of $9,280.00 and a PE ratio of 13.73. iShares Russell 2000 Growth Index has a 1-year low of $153.54 and a 1-year high of $190.63.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Friday, December 22nd were issued a $0.3974 dividend. The ex-dividend date was Thursday, December 21st. This represents a $1.59 annualized dividend and a dividend yield of 0.84%. This is an increase from iShares Russell 2000 Growth Index’s previous quarterly dividend of $0.27. iShares Russell 2000 Growth Index’s dividend payout ratio is currently 9.92%.

COPYRIGHT VIOLATION WARNING: “iShares Russell 2000 Growth Index (IWO) Sees Significant Drop in Short Interest” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was copied illegally and reposted in violation of US and international copyright laws. The correct version of this report can be accessed at https://www.americanbankingnews.com/2018/01/05/ishares-russell-2000-growth-index-iwo-sees-significant-drop-in-short-interest.html.

About iShares Russell 2000 Growth Index

iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market.

Receive News & Ratings for iShares Russell 2000 Growth Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Growth Index and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply