John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Short Interest Up 297.9% in January

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 39,649 shares, a growth of 297.9% from the January 15th total of 9,965 shares. Based on an average trading volume of 60,333 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 60,333 shares, the days-to-cover ratio is presently 0.7 days.

John Hancock Multifactor Small Cap ETF Price Performance

John Hancock Multifactor Small Cap ETF stock traded up $0.46 during trading hours on Friday, hitting $46.01. The company had a trading volume of 11,621 shares, compared to its average volume of 51,384. The firm has a 50-day moving average of $43.98 and a 200 day moving average of $42.27. The firm has a market cap of $697.05 million, a PE ratio of 15.76 and a beta of 1.05. John Hancock Multifactor Small Cap ETF has a one year low of $31.96 and a one year high of $46.78.

Institutional Trading of John Hancock Multifactor Small Cap ETF

Several institutional investors have recently added to or reduced their stakes in JHSC. The Manufacturers Life Insurance Company increased its position in John Hancock Multifactor Small Cap ETF by 2.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,467,224 shares of the company’s stock worth $174,445,000 after buying an additional 123,630 shares during the period. Bank of America Corp DE grew 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 acquiring an additional 59,491 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of John Hancock Multifactor Small Cap ETF by 104.3% in the third quarter. Private Advisor Group LLC now owns 861,485 shares of the company’s stock valued at $36,053,000 after acquiring an additional 439,803 shares in the last quarter. Gilbert & Cook Inc. increased its position in John Hancock Multifactor Small Cap ETF by 14.0% during the fourth quarter. Gilbert & Cook Inc. now owns 673,893 shares of the company’s stock worth $28,297,000 after acquiring an additional 82,873 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in John Hancock Multifactor Small Cap ETF by 170.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 574,595 shares of the company’s stock worth $24,047,000 after purchasing an additional 362,208 shares in the last quarter.

About John Hancock Multifactor Small Cap ETF

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.