John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Short Interest Update

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 55,220 shares, a drop of 60.9% from the July 15th total of 141,118 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 211,064 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Nvest Wealth Strategies Inc. grew its holdings in shares of John Hancock Multifactor Mid Cap ETF by 1.6% in the 2nd quarter. Nvest Wealth Strategies Inc. now owns 423,460 shares of the company’s stock valued at $31,743,000 after buying an additional 6,865 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in John Hancock Multifactor Mid Cap ETF by 2.2% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 20,236 shares of the company’s stock worth $1,517,000 after buying an additional 440 shares during the period. FFG Retirement Advisors LLC acquired a new stake in John Hancock Multifactor Mid Cap ETF during the 2nd quarter worth approximately $3,210,000. Dynamic Advisor Solutions LLC lifted its stake in John Hancock Multifactor Mid Cap ETF by 7.9% in the second quarter. Dynamic Advisor Solutions LLC now owns 344,277 shares of the company’s stock valued at $25,807,000 after buying an additional 25,288 shares in the last quarter. Finally, Avior Wealth Management LLC bought a new position in John Hancock Multifactor Mid Cap ETF in the second quarter valued at approximately $217,000.

John Hancock Multifactor Mid Cap ETF Price Performance

JHMM opened at $77.15 on Friday. John Hancock Multifactor Mid Cap ETF has a fifty-two week low of $61.95 and a fifty-two week high of $77.34. The company has a market cap of $6.17 billion, a price-to-earnings ratio of 19.18 and a beta of 0.99. The firm has a 50 day simple moving average of $74.35 and a 200 day simple moving average of $71.64.

John Hancock Multifactor Mid Cap ETF Company Profile

The John Hancock Multifactor Mid Cap ETF (JHMM) is an exchange-traded fund that is based on the John Hancock Dimensional Mid Cap index. The fund tracks an index of US firms ranked 200-950 by size, weighted by multiple factors relative to their sector peers. JHMM was launched on Sep 28, 2015 and is managed by John Hancock.