Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Short Interest Update

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 10,719 shares, an increase of 92.0% from the April 30th total of 5,582 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 102,200 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Small/Mid Cap Growth Alpha ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Mars Jewett Financial Group Inc. bought a new position in Small/Mid Cap Growth Alpha ETF in the 4th quarter valued at about $32,923,000. Thrivent Financial for Lutherans bought a new stake in shares of Small/Mid Cap Growth Alpha ETF during the 3rd quarter valued at approximately $15,451,000. Royal Bank of Canada grew its holdings in shares of Small/Mid Cap Growth Alpha ETF by 33.0% during the 1st quarter. Royal Bank of Canada now owns 447,934 shares of the company’s stock valued at $35,544,000 after purchasing an additional 111,196 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Small/Mid Cap Growth Alpha ETF by 79.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 225,128 shares of the company’s stock valued at $18,824,000 after purchasing an additional 99,752 shares during the last quarter. Finally, Flaharty Asset Management LLC bought a new stake in shares of Small/Mid Cap Growth Alpha ETF during the 4th quarter valued at approximately $6,761,000.

Small/Mid Cap Growth Alpha ETF Stock Performance

NASDAQ JSMD opened at $95.62 on Thursday. The firm has a 50-day moving average of $88.35 and a 200-day moving average of $85.31. The stock has a market cap of $1.02 billion, a PE ratio of 19.08 and a beta of 1.15. Small/Mid Cap Growth Alpha ETF has a 52-week low of $74.23 and a 52-week high of $96.44.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.0786 per share. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Tuesday, March 31st.

Small/Mid Cap Growth Alpha ETF Company Profile

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.