John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Short Interest Up 41.7% in February

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 28,358 shares, an increase of 41.7% from the February 12th total of 20,008 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 29,123 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 29,123 shares, the short-interest ratio is currently 1.0 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. The Manufacturers Life Insurance Company boosted its holdings in John Hancock Multifactor Small Cap ETF by 2.8% in the second quarter. The Manufacturers Life Insurance Company now owns 4,467,224 shares of the company’s stock valued at $174,445,000 after purchasing an additional 123,630 shares in the last quarter. Bank of America Corp DE increased its position in John Hancock Multifactor Small Cap ETF by 3.5% in the 3rd quarter. Bank of America Corp DE now owns 1,764,529 shares of the company’s stock valued at $73,846,000 after acquiring an additional 59,491 shares during the period. Private Advisor Group LLC raised its stake in John Hancock Multifactor Small Cap ETF by 0.5% during the 4th quarter. Private Advisor Group LLC now owns 865,732 shares of the company’s stock valued at $36,352,000 after acquiring an additional 4,247 shares during the last quarter. Gilbert & Cook Inc. lifted its position in John Hancock Multifactor Small Cap ETF by 14.0% during the 4th quarter. Gilbert & Cook Inc. now owns 673,893 shares of the company’s stock worth $28,297,000 after acquiring an additional 82,873 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in John Hancock Multifactor Small Cap ETF by 170.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 574,595 shares of the company’s stock worth $24,047,000 after acquiring an additional 362,208 shares during the period.

John Hancock Multifactor Small Cap ETF Trading Up 0.0%

Shares of JHSC stock traded up $0.01 on Friday, reaching $42.52. 20,898 shares of the stock were exchanged, compared to its average volume of 42,371. The company has a market capitalization of $644.18 million, a price-to-earnings ratio of 15.76 and a beta of 1.05. The business’s 50 day moving average price is $44.88 and its 200 day moving average price is $42.95. John Hancock Multifactor Small Cap ETF has a twelve month low of $31.96 and a twelve month high of $46.78.

About John Hancock Multifactor Small Cap ETF

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.