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

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

John Hancock Multifactor Mid Cap ETF Price Performance

NYSEARCA JHMM traded up $0.20 during trading hours on Friday, reaching $77.35. 154,090 shares of the company’s stock traded hands, compared to its average volume of 238,375. John Hancock Multifactor Mid Cap ETF has a 52-week low of $61.95 and a 52-week high of $77.45. The firm has a 50-day simple moving average of $74.44 and a 200 day simple moving average of $71.68. The firm has a market cap of $6.19 billion, a PE ratio of 19.18 and a beta of 0.99.

Hedge Funds Weigh In On John Hancock Multifactor Mid Cap ETF

Several large investors have recently made changes to their positions in the business. Raymond James Financial Inc. boosted its position in shares of John Hancock Multifactor Mid Cap ETF by 22.0% in the 2nd quarter. Raymond James Financial Inc. now owns 2,768,787 shares of the company’s stock worth $169,256,000 after purchasing an additional 499,311 shares in the last quarter. Nvest Wealth Strategies Inc. bought a new position in John Hancock Multifactor Mid Cap ETF during the 4th quarter valued at approximately $28,261,000. Rockefeller Capital Management L.P. raised its stake in John Hancock Multifactor Mid Cap ETF by 248.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 375,081 shares of the company’s stock valued at $24,560,000 after buying an additional 267,590 shares during the last quarter. Align Financial LLC purchased a new position in John Hancock Multifactor Mid Cap ETF during the fourth quarter valued at $14,025,000. Finally, Elevation Point Wealth Partners LLC boosted its holdings in John Hancock Multifactor Mid Cap ETF by 459.4% in the first quarter. Elevation Point Wealth Partners LLC now owns 233,406 shares of the company’s stock worth $15,666,000 after acquiring an additional 191,679 shares in 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.