John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Short Interest Update

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 8,085 shares, a drop of 82.5% from the July 30th total of 46,282 shares. Based on an average daily trading volume, of 24,582 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On John Hancock Multifactor Small Cap ETF

A number of hedge funds have recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in John Hancock Multifactor Small Cap ETF by 4.6% in the 1st quarter. Bank of America Corp DE now owns 2,238,444 shares of the company’s stock worth $96,007,000 after acquiring an additional 98,921 shares during the last quarter. Sims Investment Management LLC lifted its position in John Hancock Multifactor Small Cap ETF by 8.5% during the first quarter. Sims Investment Management LLC now owns 349,386 shares of the company’s stock valued at $14,985,000 after purchasing an additional 27,440 shares during the period. Simplicity Wealth LLC boosted its holdings in John Hancock Multifactor Small Cap ETF by 30.8% in the first quarter. Simplicity Wealth LLC now owns 51,747 shares of the company’s stock worth $2,219,000 after purchasing an additional 12,173 shares during the last quarter. Money Concepts Capital Corp purchased a new stake in John Hancock Multifactor Small Cap ETF in the first quarter worth approximately $2,682,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in John Hancock Multifactor Small Cap ETF in the 1st quarter worth approximately $984,000.

John Hancock Multifactor Small Cap ETF Trading Up 0.2%

NYSEARCA:JHSC traded up $0.08 during trading hours on Thursday, reaching $48.97. 81,266 shares of the company traded hands, compared to its average volume of 42,907. The business’s 50-day moving average price is $48.58 and its two-hundred day moving average price is $46.52. John Hancock Multifactor Small Cap ETF has a 1 year low of $39.61 and a 1 year high of $50.00. The stock has a market capitalization of $737.00 million, a P/E ratio of 15.76 and a beta of 1.00.

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.