iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Short Interest Up 89.0% in March

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 111,500 shares, a growth of 89.0% from the February 28th total of 59,000 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 602,000 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On iShares Core S&P U.S. Growth ETF

Large investors have recently added to or reduced their stakes in the company. Atala Financial Inc bought a new position in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth about $25,000. Transce3nd LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter worth $27,000. Noble Wealth Management PBC bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter valued at $34,000. Mogy Joel R Investment Counsel Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF by 316.7% in the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock worth $35,000 after buying an additional 190 shares in the last quarter. Finally, Ameriflex Group Inc. bought a new position in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at $36,000.

iShares Core S&P U.S. Growth ETF Stock Down 2.4 %

IUSG stock traded down $3.06 during trading on Friday, reaching $127.02. 1,787,970 shares of the company’s stock were exchanged, compared to its average volume of 633,722. The company’s fifty day moving average price is $138.27 and its 200-day moving average price is $137.13. The firm has a market cap of $19.38 billion, a PE ratio of 29.58 and a beta of 1.09. iShares Core S&P U.S. Growth ETF has a 1-year low of $109.63 and a 1-year high of $146.99.

iShares Core S&P U.S. Growth ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a $0.1767 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

About iShares Core S&P U.S. Growth ETF

The iShares Core S&P U.S. Growth ETF (IUSG) is an exchange-traded fund that is based on the S&P 900 Growth index. The fund tracks an index of US large- and mid-cap growth stocks. The index selects from stocks ranked 1-3000 by market cap based on fundamental growth factors. IUSG was launched on Jul 24, 2000 and is managed by BlackRock.