John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Sees Large Decline in Short Interest

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 2,627 shares, a decrease of 67.5% from the August 15th total of 8,085 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 21,411 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of John Hancock Multifactor Small Cap ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in John Hancock Multifactor Small Cap ETF by 4.6% in the first quarter. Bank of America Corp DE now owns 2,238,444 shares of the company’s stock valued at $96,007,000 after buying an additional 98,921 shares in the last quarter. Sims Investment Management LLC lifted its position in shares of John Hancock Multifactor Small Cap ETF by 8.5% during the 1st quarter. Sims Investment Management LLC now owns 349,386 shares of the company’s stock valued at $14,985,000 after acquiring an additional 27,440 shares during the period. Simplicity Wealth LLC boosted its stake in shares of John Hancock Multifactor Small Cap ETF by 30.8% during the 1st quarter. Simplicity Wealth LLC now owns 51,747 shares of the company’s stock worth $2,219,000 after acquiring an additional 12,173 shares in the last quarter. Money Concepts Capital Corp purchased a new stake in shares of John Hancock Multifactor Small Cap ETF during the 1st quarter worth approximately $2,682,000. Finally, JNBA Financial Advisors boosted its stake in shares of John Hancock Multifactor Small Cap ETF by 123.7% during the 2nd quarter. JNBA Financial Advisors now owns 40,234 shares of the company’s stock worth $1,954,000 after acquiring an additional 22,250 shares in the last quarter.

John Hancock Multifactor Small Cap ETF Stock Performance

John Hancock Multifactor Small Cap ETF stock traded up $0.28 during midday trading on Friday, reaching $47.59. The company’s stock had a trading volume of 18,479 shares, compared to its average volume of 41,794. The firm has a market capitalization of $716.23 million, a PE ratio of 15.76 and a beta of 1.00. John Hancock Multifactor Small Cap ETF has a fifty-two week low of $39.61 and a fifty-two week high of $50.00. The stock’s 50 day simple moving average is $48.57 and its 200 day simple moving average is $46.69.

John Hancock Multifactor Small Cap ETF Dividend Announcement

The business also recently declared a semiannual dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were issued a $0.1904 dividend. This represents a dividend yield of 78.0%. The ex-dividend date was Friday, June 26th.

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.