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

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 16,540 shares, a growth of 3,303.3% from the August 15th total of 486 shares. Based on an average trading volume of 24,360 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of John Hancock Multifactor Large Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its position in John Hancock Multifactor Large Cap ETF by 8.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 8,327 shares of the company’s stock worth $611,000 after buying an additional 662 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of John Hancock Multifactor Large Cap ETF by 605.1% in the 2nd quarter. Raymond James Financial Inc. now owns 360,767 shares of the company’s stock valued at $26,463,000 after buying an additional 309,599 shares in the last quarter. Smartleaf Asset Management LLC acquired a new stake in John Hancock Multifactor Large Cap ETF during the 2nd quarter worth approximately $75,000. Orion Porfolio Solutions LLC boosted its stake in John Hancock Multifactor Large Cap ETF by 6.4% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 6,288 shares of the company’s stock worth $493,000 after purchasing an additional 378 shares during the period. Finally, Equitable Holdings Inc. boosted its position in shares of John Hancock Multifactor Large Cap ETF by 17.0% during the third quarter. Equitable Holdings Inc. now owns 12,112 shares of the company’s stock worth $949,000 after buying an additional 1,761 shares during the period.

John Hancock Multifactor Large Cap ETF Stock Performance

Shares of NYSEARCA JHML traded down $0.61 during midday trading on Thursday, reaching $89.32. 9,735 shares of the company traded hands, compared to its average volume of 30,123. The firm has a market cap of $1.17 billion, a PE ratio of 23.08 and a beta of 0.97. The stock’s 50-day simple moving average is $90.11 and its 200-day simple moving average is $86.32. John Hancock Multifactor Large Cap ETF has a 12 month low of $75.90 and a 12 month high of $92.58.

John Hancock Multifactor Large Cap ETF Announces Dividend

The company also recently declared a semiannual dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 26th were given a $0.3892 dividend. The ex-dividend date was Friday, June 26th. This represents a yield of 89.0%.

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.