Short Interest in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Drops By 21.7%

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 15,900 shares, a drop of 21.7% from the September 15th total of 20,300 shares. Based on an average trading volume of 121,800 shares, the days-to-cover ratio is currently 0.1 days.

IJT traded down $0.82 during trading hours on Friday, hitting $189.61. The stock had a trading volume of 43,594 shares, compared to its average volume of 150,625. The company’s fifty day simple moving average is $90.48 and its 200 day simple moving average is $84.07. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $115.36 and a 1 year high of $200.15.

iShares S&P Small-Cap 600 Growth ETF’s stock is going to split on the morning of Monday, October 19th. The 2-1 split was announced on Friday, September 18th. The newly created shares will be issued to shareholders after the closing bell on Friday, October 16th.

A number of institutional investors and hedge funds have recently made changes to their positions in IJT. Independence Bank of Kentucky bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter worth about $25,000. Bartlett & Co. LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter worth about $27,000. First PREMIER Bank bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter worth about $40,000. Old North State Trust LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter worth about $59,000. Finally, Interactive Financial Advisors bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter worth about $61,000.

iShares S&P Small-Cap 600 Growth ETF Company Profile

iShares S&P Small-Cap 600 Growth ETF, formerly iShares S&P SmallCap 600 Growth Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest growth characteristics.

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