John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Sees Significant Decline in Short Interest

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 69,023 shares, a decline of 60.6% from the September 15th total of 175,353 shares. Based on an average daily trading volume, of 224,478 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of JHMM. Pittenger & Anderson Inc. acquired a new stake in John Hancock Multifactor Mid Cap ETF during the first quarter valued at approximately $34,000. Security National Bank of Sioux City Iowa IA bought a new position in John Hancock Multifactor Mid Cap ETF during the 2nd quarter worth approximately $35,000. SouthState Bank Corp bought a new position in John Hancock Multifactor Mid Cap ETF during the 1st quarter worth approximately $38,000. Monetary Solutions Ltd acquired a new position in shares of John Hancock Multifactor Mid Cap ETF in the 4th quarter worth approximately $41,000. Finally, Ascentis Independent Advisors acquired a new position in shares of John Hancock Multifactor Mid Cap ETF in the 1st quarter worth approximately $56,000.

John Hancock Multifactor Mid Cap ETF Trading Up 0.0%

JHMM stock traded up $0.03 during trading on Tuesday, reaching $72.92. The stock had a trading volume of 100,275 shares, compared to its average volume of 232,475. John Hancock Multifactor Mid Cap ETF has a 1-year low of $61.95 and a 1-year high of $77.45. The company has a market capitalization of $5.96 billion, a P/E ratio of 19.18 and a beta of 0.99. The firm has a fifty day moving average price of $74.32 and a 200 day moving average price of $73.02.

John Hancock Multifactor Mid Cap ETF Company Profile

The John Hancock Multifactor Mid Cap ETF (JHMM) is an exchange-traded fund that is based on the John Hancock Dimensional Mid Cap index. The fund tracks an index of US firms ranked 200-950 by size, weighted by multiple factors relative to their sector peers. JHMM was launched on Sep 28, 2015 and is managed by John Hancock.