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

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

John Hancock Multifactor Small Cap ETF Trading Up 0.4%

John Hancock Multifactor Small Cap ETF stock traded up $0.19 during trading hours on Wednesday, reaching $48.98. 15,253 shares of the company were exchanged, compared to its average volume of 42,653. John Hancock Multifactor Small Cap ETF has a 12 month low of $39.61 and a 12 month high of $50.00. The stock 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 Inflows and Outflows

Several institutional investors have recently bought and sold shares of JHSC. Bank of America Corp DE boosted its holdings in John Hancock Multifactor Small Cap ETF by 4.6% during the first quarter. Bank of America Corp DE now owns 2,238,444 shares of the company’s stock valued at $96,007,000 after acquiring an additional 98,921 shares during the period. Private Advisor Group LLC boosted its stake in John Hancock Multifactor Small Cap ETF by 0.5% during the 4th quarter. Private Advisor Group LLC now owns 865,732 shares of the company’s stock valued at $36,352,000 after purchasing an additional 4,247 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of John Hancock Multifactor Small Cap ETF by 170.5% during the third quarter. Ameriprise Financial Inc. now owns 574,595 shares of the company’s stock worth $24,047,000 after buying an additional 362,208 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of John Hancock Multifactor Small Cap ETF by 1.6% during the fourth quarter. LPL Financial LLC now owns 488,334 shares of the company’s stock worth $20,505,000 after buying an additional 7,828 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of John Hancock Multifactor Small Cap ETF by 0.6% in the fourth quarter. Wells Fargo & Company MN now owns 441,706 shares of the company’s stock valued at $18,547,000 after acquiring an additional 2,802 shares during the period.

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.