iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Sees Significant Increase in Short Interest

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 271,772 shares, an increase of 237.0% from the June 15th total of 80,636 shares. Based on an average daily trading volume, of 361,472 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Summit Global Investments raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 2.6% in the first quarter. Summit Global Investments now owns 3,164 shares of the company’s stock worth $375,000 after buying an additional 79 shares during the period. Serenity Investment Advisors grew its stake in shares of iShares S&P Small-Cap 600 Value ETF by 1.3% during the 1st quarter. Serenity Investment Advisors now owns 6,312 shares of the company’s stock valued at $817,000 after acquiring an additional 80 shares during the period. Integrated Investment Consultants LLC grew its stake in shares of iShares S&P Small-Cap 600 Value ETF by 3.6% during the 4th quarter. Integrated Investment Consultants LLC now owns 2,371 shares of the company’s stock valued at $270,000 after acquiring an additional 82 shares during the period. CoreCap Advisors LLC grew its stake in shares of iShares S&P Small-Cap 600 Value ETF by 39.7% during the 4th quarter. CoreCap Advisors LLC now owns 327 shares of the company’s stock valued at $37,000 after acquiring an additional 93 shares during the period. Finally, Hazlett Burt & Watson Inc. increased its holdings in iShares S&P Small-Cap 600 Value ETF by 1.0% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 9,799 shares of the company’s stock worth $1,115,000 after acquiring an additional 98 shares in the last quarter. Hedge funds and other institutional investors own 71.86% of the company’s stock.

iShares S&P Small-Cap 600 Value ETF Stock Up 0.2%

Shares of NYSEARCA IJS opened at $135.40 on Wednesday. The stock’s 50-day simple moving average is $131.94 and its two-hundred day simple moving average is $125.19. iShares S&P Small-Cap 600 Value ETF has a twelve month low of $97.90 and a twelve month high of $138.00. The firm has a market capitalization of $8.06 billion, a P/E ratio of 13.92 and a beta of 0.99.

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

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.