John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Short Interest Down 67.5% in August

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

John Hancock Multifactor Small Cap ETF Stock Up 0.6%

NYSEARCA:JHSC traded up $0.28 during midday trading on Friday, reaching $47.59. The stock had a trading volume of 18,479 shares, compared to its average volume of 41,794. The firm has a fifty day simple moving average of $48.57 and a two-hundred day simple moving average of $46.69. John Hancock Multifactor Small Cap ETF has a 12-month low of $39.61 and a 12-month high of $50.00. The stock has a market cap of $716.23 million, a P/E ratio of 15.76 and a beta of 1.00.

John Hancock Multifactor Small Cap ETF Dividend Announcement

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

Institutional Trading of John Hancock Multifactor Small Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Ameriprise Financial Inc. increased 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 purchasing an additional 362,208 shares during the period. Bank of America Corp DE lifted its holdings in shares of 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 valued at $96,007,000 after buying an additional 98,921 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of John Hancock Multifactor Small Cap ETF by 696.0% in the 2nd quarter. Raymond James Financial Inc. now owns 99,648 shares of the company’s stock valued at $3,891,000 after buying an additional 87,129 shares during the period. Money Concepts Capital Corp purchased a new stake in shares of John Hancock Multifactor Small Cap ETF in the first quarter valued at approximately $2,682,000. Finally, Sims Investment Management LLC boosted its stake in shares of John Hancock Multifactor Small Cap ETF by 8.5% in the first quarter. Sims Investment Management LLC now owns 349,386 shares of the company’s stock valued at $14,985,000 after buying an additional 27,440 shares in the last quarter.

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.