John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Short Interest Update

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 13,342 shares, a drop of 50.1% from the March 15th total of 26,753 shares. Based on an average daily volume of 28,703 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On John Hancock Multifactor Small Cap ETF

Several hedge funds have recently made changes to their positions in the business. Bank of America Corp DE boosted its stake in shares of John Hancock Multifactor Small Cap ETF by 3.5% during the third quarter. Bank of America Corp DE now owns 1,764,529 shares of the company’s stock worth $73,846,000 after buying an additional 59,491 shares during the period. Private Advisor Group LLC increased its holdings in shares of John Hancock Multifactor Small Cap ETF by 0.5% in 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 in the last quarter. Gilbert & Cook Inc. increased its holdings in shares of John Hancock Multifactor Small Cap ETF by 14.0% in the 4th quarter. Gilbert & Cook Inc. now owns 673,893 shares of the company’s stock valued at $28,297,000 after purchasing an additional 82,873 shares in the last quarter. Ameriprise Financial Inc. grew 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 valued at $24,047,000 after acquiring an additional 362,208 shares during the last quarter. Finally, LPL Financial LLC grew its stake in John Hancock Multifactor Small Cap ETF by 1.6% in the 4th quarter. LPL Financial LLC now owns 488,334 shares of the company’s stock valued at $20,505,000 after acquiring an additional 7,828 shares during the last quarter.

John Hancock Multifactor Small Cap ETF Stock Down 0.6%

Shares of NYSEARCA JHSC opened at $44.71 on Friday. John Hancock Multifactor Small Cap ETF has a 52-week low of $33.34 and a 52-week high of $46.78. The firm has a market cap of $693.01 million, a price-to-earnings ratio of 15.76 and a beta of 1.03. The company’s 50-day simple moving average is $44.33 and its 200-day simple moving average is $43.15.

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.