John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Short Interest Up 3,303.3% in August

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

John Hancock Multifactor Large Cap ETF Price Performance

Shares of NYSEARCA JHML traded down $0.61 during trading hours on Thursday, reaching $89.32. The stock had a trading volume of 9,735 shares, compared to its average volume of 30,123. The business’s fifty day moving average is $90.11 and its two-hundred day moving average is $86.32. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 23.08 and a beta of 0.97. John Hancock Multifactor Large Cap ETF has a twelve month low of $75.90 and a twelve month high of $92.58.

John Hancock Multifactor Large Cap ETF Dividend Announcement

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

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in JHML. NewEdge Advisors LLC boosted its position in shares of John Hancock Multifactor Large Cap ETF by 1.4% during the 2nd quarter. NewEdge Advisors LLC now owns 8,459 shares of the company’s stock valued at $754,000 after acquiring an additional 114 shares in the last quarter. Advisory Solutions Group LLC bought a new position in John Hancock Multifactor Large Cap ETF during the second quarter worth about $1,063,000. Trust Co. of Vermont acquired a new stake in John Hancock Multifactor Large Cap ETF during the second quarter valued at approximately $69,000. CoreCap Advisors LLC grew its stake in shares of John Hancock Multifactor Large Cap ETF by 5.8% in the 2nd quarter. CoreCap Advisors LLC now owns 65,438 shares of the company’s stock valued at $5,836,000 after purchasing an additional 3,596 shares during the period. Finally, Western Wealth Management LLC bought a new stake in shares of John Hancock Multifactor Large Cap ETF in the 1st quarter valued at approximately $168,000.

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.