John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Short Interest Down 55.2% in June

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 10,663 shares, a drop of 55.2% from the June 15th total of 23,793 shares. Based on an average trading volume of 28,544 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

John Hancock Multifactor Small Cap ETF Price Performance

NYSEARCA:JHSC traded up $0.11 during trading hours on Tuesday, hitting $47.93. The company had a trading volume of 32,981 shares, compared to its average volume of 43,158. The stock has a 50-day moving average price of $47.22 and a 200 day moving average price of $45.44. The company has a market capitalization of $695.94 million, a PE ratio of 15.76 and a beta of 1.00. John Hancock Multifactor Small Cap ETF has a 52 week low of $38.59 and a 52 week high of $48.87.

Institutional Investors Weigh In On John Hancock Multifactor Small Cap ETF

A number of large investors have recently modified their holdings of JHSC. Fifth Third Bancorp bought a new position in John Hancock Multifactor Small Cap ETF in the first quarter worth about $45,000. International Assets Investment Management LLC purchased a new stake in John Hancock Multifactor Small Cap ETF in the fourth quarter worth about $71,000. Kestra Advisory Services LLC bought a new stake in John Hancock Multifactor Small Cap ETF during the 4th quarter valued at approximately $230,000. Financially in Tune LLC bought a new stake in John Hancock Multifactor Small Cap ETF during the 4th quarter valued at approximately $296,000. Finally, Sun Financial Inc purchased a new position in shares of John Hancock Multifactor Small Cap ETF during the 4th quarter worth approximately $316,000.

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.