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

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 10,663 shares, a decline of 55.2% from the June 15th total of 23,793 shares. Based on an average trading volume of 28,544 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of John Hancock Multifactor Small Cap ETF

A number of hedge funds have recently bought and sold shares of JHSC. Fifth Third Bancorp purchased a new stake in shares of John Hancock Multifactor Small Cap ETF during the 1st quarter worth about $45,000. International Assets Investment Management LLC bought a new position in John Hancock Multifactor Small Cap ETF during the fourth quarter valued at about $71,000. Kestra Advisory Services LLC acquired a new position in shares of John Hancock Multifactor Small Cap ETF in the fourth quarter valued at $230,000. Financially in Tune LLC acquired a new stake in shares of John Hancock Multifactor Small Cap ETF during the 4th quarter valued at about $296,000. Finally, Sun Financial Inc acquired a new stake in John Hancock Multifactor Small Cap ETF during the fourth quarter valued at approximately $316,000.

John Hancock Multifactor Small Cap ETF Stock Performance

Shares of JHSC traded up $0.22 during mid-day trading on Thursday, reaching $48.54. 12,280 shares of the company’s stock traded hands, compared to its average volume of 42,844. John Hancock Multifactor Small Cap ETF has a 12 month low of $38.59 and a 12 month high of $48.87. The business’s 50-day moving average price is $47.28 and its 200-day moving average price is $45.51. The stock has a market capitalization of $704.80 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.