John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Short Interest Down 60.9% in July

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 55,220 shares, a decrease of 60.9% from the July 15th total of 141,118 shares. Based on an average trading volume of 211,064 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

John Hancock Multifactor Mid Cap ETF Stock Up 0.3%

Shares of John Hancock Multifactor Mid Cap ETF stock traded up $0.20 during midday trading on Friday, hitting $77.35. The company had a trading volume of 154,090 shares, compared to its average volume of 238,375. The company has a fifty day simple moving average of $74.44 and a 200 day simple moving average of $71.68. The stock has a market cap of $6.19 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99. John Hancock Multifactor Mid Cap ETF has a 12-month low of $61.95 and a 12-month high of $77.45.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Betterment LLC grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 1.0% during the second quarter. Betterment LLC now owns 22,036 shares of the company’s stock valued at $1,347,000 after buying an additional 211 shares during the last quarter. IFP Advisors Inc raised its stake in John Hancock Multifactor Mid Cap ETF by 8.8% in the 4th quarter. IFP Advisors Inc now owns 2,799 shares of the company’s stock worth $183,000 after acquiring an additional 227 shares during the last quarter. Beacon Pointe Advisors LLC lifted its position in John Hancock Multifactor Mid Cap ETF by 1.8% during the 4th quarter. Beacon Pointe Advisors LLC now owns 17,430 shares of the company’s stock worth $1,141,000 after acquiring an additional 305 shares during the period. Western Wealth Management LLC lifted its position in John Hancock Multifactor Mid Cap ETF by 2.9% during the 4th quarter. Western Wealth Management LLC now owns 11,067 shares of the company’s stock worth $725,000 after acquiring an additional 310 shares during the period. Finally, Empowered Funds LLC grew its stake in John Hancock Multifactor Mid Cap ETF by 1.3% during the 1st quarter. Empowered Funds LLC now owns 29,269 shares of the company’s stock valued at $1,965,000 after purchasing an additional 384 shares during the last quarter.

About John Hancock Multifactor Mid Cap ETF

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.