John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Significant Decrease in Short Interest

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 5,017 shares, a decline of 68.3% from the June 30th total of 15,835 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 36,192 shares, the short-interest ratio is currently 0.1 days.

John Hancock Multifactor Large Cap ETF Stock Up 0.1%

Shares of JHML stock opened at $88.31 on Friday. The stock has a 50 day moving average of $88.50 and a 200-day moving average of $84.22. The firm has a market cap of $1.16 billion, a PE ratio of 23.08 and a beta of 0.97. John Hancock Multifactor Large Cap ETF has a 12 month low of $73.39 and a 12 month high of $90.02.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

Several large investors have recently bought and sold shares of the stock. HighTower Advisors LLC boosted its holdings in John Hancock Multifactor Large Cap ETF by 0.4% in the 4th quarter. HighTower Advisors LLC now owns 44,936 shares of the company’s stock valued at $3,588,000 after purchasing an additional 183 shares during the period. Arkadios Wealth Advisors increased its holdings in shares of John Hancock Multifactor Large Cap ETF by 2.4% during the 1st quarter. Arkadios Wealth Advisors now owns 10,465 shares of the company’s stock worth $819,000 after purchasing an additional 243 shares during the period. Advisory Services Network LLC bought a new position in shares of John Hancock Multifactor Large Cap ETF during the 3rd quarter worth about $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of John Hancock Multifactor Large Cap ETF during the fourth quarter valued at about $27,000. Finally, Private Advisor Group LLC raised its position in shares of John Hancock Multifactor Large Cap ETF by 1.0% during the fourth quarter. Private Advisor Group LLC now owns 35,503 shares of the company’s stock valued at $2,835,000 after buying an additional 352 shares during the last quarter.

John Hancock Multifactor Large Cap ETF Company Profile

The John Hancock Multifactor Large Cap ETF (JHML) is an exchange-traded fund that is based on the John Hancock Dimensional Large Cap index. The fund tracks an index of largest 800 US firms, weighted by multiple factors relative to their sector peers. JHML was launched on Sep 28, 2015 and is managed by John Hancock.