Short Interest in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Grows By 166.4%

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 164,453 shares, a growth of 166.4% from the November 30th total of 61,742 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 215,619 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 215,619 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the company’s shares are sold short.

iShares S&P Small-Cap 600 Value ETF Trading Up 0.0%

IJS stock opened at $115.73 on Friday. The stock has a market capitalization of $6.86 billion, a price-to-earnings ratio of 13.92 and a beta of 1.08. The firm’s 50-day moving average price is $112.52 and its two-hundred day moving average price is $107.99. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $82.10 and a 12-month high of $118.65.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IJS. Brighton Jones LLC increased its stake in shares of iShares S&P Small-Cap 600 Value ETF by 6.0% during the fourth quarter. Brighton Jones LLC now owns 7,688 shares of the company’s stock valued at $835,000 after buying an additional 436 shares during the period. Russell Investments Group Ltd. boosted its holdings in iShares S&P Small-Cap 600 Value ETF by 162.8% in the first quarter. Russell Investments Group Ltd. now owns 523 shares of the company’s stock valued at $51,000 after acquiring an additional 324 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new position in iShares S&P Small-Cap 600 Value ETF during the 1st quarter valued at $27,000. OLD Mission Capital LLC bought a new position in iShares S&P Small-Cap 600 Value ETF in the 1st quarter worth $210,000. Finally, Betterment LLC lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 6.6% in the 1st quarter. Betterment LLC now owns 5,250 shares of the company’s stock worth $512,000 after purchasing an additional 324 shares during the period. Institutional investors own 71.86% of the company’s stock.

About iShares S&P Small-Cap 600 Value ETF

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value 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 SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.