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

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the target of 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 daily volume of 28,544 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

John Hancock Multifactor Small Cap ETF Stock Up 0.2%

NYSEARCA:JHSC traded up $0.11 during trading hours on Tuesday, reaching $47.93. The company had a trading volume of 32,981 shares, compared to its average volume of 43,158. The business’s 50-day simple moving average is $47.22 and its two-hundred day simple moving average is $45.44. John Hancock Multifactor Small Cap ETF has a twelve month low of $38.59 and a twelve month high of $48.87. The firm has a market cap of $695.94 million, a price-to-earnings ratio of 15.76 and a beta of 1.00.

Hedge Funds Weigh In On John Hancock Multifactor Small Cap ETF

A number of hedge funds have recently bought and sold shares of JHSC. Sims Investment Management LLC grew its stake in John Hancock Multifactor Small Cap ETF by 4.1% in the 4th quarter. Sims Investment Management LLC now owns 321,946 shares of the company’s stock valued at $13,519,000 after purchasing an additional 12,603 shares during the period. Gilbert & Cook Inc. raised its stake in shares of John Hancock Multifactor Small Cap ETF by 14.0% during the 4th quarter. Gilbert & Cook Inc. now owns 673,893 shares of the company’s stock worth $28,297,000 after purchasing an additional 82,873 shares during the period. Simplicity Wealth LLC boosted its holdings in shares of John Hancock Multifactor Small Cap ETF by 41.5% in the 4th quarter. Simplicity Wealth LLC now owns 39,574 shares of the company’s stock worth $1,662,000 after buying an additional 11,609 shares during the last quarter. Money Concepts Capital Corp purchased a new position in shares of John Hancock Multifactor Small Cap ETF in the 1st quarter worth about $2,682,000. Finally, Elevation Point Wealth Partners LLC bought a new position in John Hancock Multifactor Small Cap ETF during the first quarter valued at about $984,000.

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.