John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Short Interest Down 82.5% in August

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 8,085 shares, a decline of 82.5% from the July 30th total of 46,282 shares. Based on an average trading volume of 24,582 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

John Hancock Multifactor Small Cap ETF Stock Up 0.4%

John Hancock Multifactor Small Cap ETF stock traded up $0.19 during mid-day trading on Wednesday, reaching $48.98. The company had a trading volume of 15,253 shares, compared to its average volume of 42,653. John Hancock Multifactor Small Cap ETF has a 52 week low of $39.61 and a 52 week high of $50.00. The company has a 50 day moving average of $48.55 and a 200-day moving average of $46.49. The firm has a market cap of $737.15 million, a price-to-earnings ratio of 15.76 and a beta of 1.00.

Institutional Investors Weigh In On John Hancock Multifactor Small Cap ETF

Hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada increased its stake in John Hancock Multifactor Small Cap ETF by 31.3% during the first quarter. Royal Bank of Canada now owns 36,692 shares of the company’s stock valued at $1,368,000 after acquiring an additional 8,737 shares during the period. Raymond James Financial Inc. grew its holdings in shares of John Hancock Multifactor Small Cap ETF by 696.0% during the 2nd quarter. Raymond James Financial Inc. now owns 99,648 shares of the company’s stock worth $3,891,000 after purchasing an additional 87,129 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of John Hancock Multifactor Small Cap ETF by 68.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 212,387 shares of the company’s stock worth $8,288,000 after purchasing an additional 86,479 shares in the last quarter. UBS Group AG increased its position in shares of John Hancock Multifactor Small Cap ETF by 1.1% during the third quarter. UBS Group AG now owns 364,688 shares of the company’s stock valued at $15,262,000 after purchasing an additional 3,982 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of John Hancock Multifactor Small Cap ETF by 3.5% in the third quarter. Bank of America Corp DE now owns 1,764,529 shares of the company’s stock valued at $73,846,000 after purchasing an additional 59,491 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.