John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Sees Significant Growth in Short Interest

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 20,669 shares, an increase of 583.5% from the October 15th total of 3,024 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 13,671 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Trading of John Hancock Multifactor Small Cap ETF

A number of institutional investors and hedge funds have recently bought and sold shares of JHSC. HighTower Advisors LLC bought a new position in John Hancock Multifactor Small Cap ETF during the 3rd quarter worth $4,729,000. Commonwealth Equity Services LLC bought a new stake in shares of John Hancock Multifactor Small Cap ETF in the 3rd quarter valued at about $10,226,000. Simplicity Wealth LLC grew its position in shares of John Hancock Multifactor Small Cap ETF by 77.4% in the 3rd quarter. Simplicity Wealth LLC now owns 112,369 shares of the company’s stock valued at $5,107,000 after buying an additional 49,015 shares during the last quarter. Fifth Third Securities Inc. grew its position in shares of John Hancock Multifactor Small Cap ETF by 15.4% in the 3rd quarter. Fifth Third Securities Inc. now owns 24,254 shares of the company’s stock valued at $1,102,000 after buying an additional 3,241 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of John Hancock Multifactor Small Cap ETF in the 3rd quarter valued at about $3,943,000.

John Hancock Multifactor Small Cap ETF Price Performance

NYSEARCA:JHSC opened at $48.03 on Wednesday. The company has a market cap of $708.44 million, a PE ratio of 17.03 and a beta of 1.01. The firm’s 50 day simple moving average is $46.85 and its 200 day simple moving average is $46.55. John Hancock Multifactor Small Cap ETF has a one year low of $39.61 and a one year high of $50.00.

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.