Short Interest in John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Declines By 49.5%

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 20,008 shares, a decrease of 49.5% from the January 29th total of 39,649 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 30,462 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 30,462 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On John Hancock Multifactor Small Cap ETF

Large investors have recently bought and sold shares of the company. AE Wealth Management LLC acquired a new stake in shares of John Hancock Multifactor Small Cap ETF in the third quarter valued at approximately $34,000. Huntington National Bank bought a new position in shares of John Hancock Multifactor Small Cap ETF in the 3rd quarter valued at about $49,000. International Assets Investment Management LLC acquired a new position in shares of John Hancock Multifactor Small Cap ETF during the 4th quarter worth about $71,000. Institute for Wealth Management LLC. bought a new stake in shares of John Hancock Multifactor Small Cap ETF in the 3rd quarter valued at about $205,000. Finally, Kestra Advisory Services LLC bought a new position in John Hancock Multifactor Small Cap ETF during the fourth quarter worth about $230,000.

John Hancock Multifactor Small Cap ETF Trading Down 1.2%

Shares of John Hancock Multifactor Small Cap ETF stock traded down $0.56 during trading on Friday, reaching $45.55. The stock had a trading volume of 31,953 shares, compared to its average volume of 46,240. The company has a market capitalization of $690.08 million, a price-to-earnings ratio of 15.76 and a beta of 1.05. The stock has a fifty day moving average price of $44.64 and a two-hundred day moving average price of $42.77. John Hancock Multifactor Small Cap ETF has a 52 week low of $31.96 and a 52 week high of $46.78.

John Hancock Multifactor Small Cap ETF Company Profile

The John Hancock Multifactor Small Cap ETF (JHSC) is an exchange-traded fund that is based on the John Hancock Dimensional Small Cap index. The fund tracks an index of US small-cap stocks selected by relative price and profitability. Securities are weighted by multiple factors relative to their sector peers. JHSC was launched on Nov 8, 2017 and is managed by John Hancock.