John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Stock Short Interest Rises 583.5%

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 20,669 shares, an increase of 583.5% from the October 15th total of 3,024 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 13,671 shares, the short-interest ratio is presently 1.5 days.

John Hancock Multifactor Small Cap ETF Stock Performance

Shares of JHSC stock traded down $0.54 on Thursday, reaching $47.73. 13,050 shares of the company’s stock traded hands, compared to its average volume of 40,189. John Hancock Multifactor Small Cap ETF has a 12-month low of $39.61 and a 12-month high of $50.00. The company has a market capitalization of $704.02 million, a P/E ratio of 17.03 and a beta of 1.01. The business’s 50 day moving average price is $46.85 and its two-hundred day moving average price is $46.58.

Institutional Investors Weigh In On John Hancock Multifactor Small Cap ETF

A number of institutional investors have recently bought and sold shares of the business. Commonwealth Equity Services LLC purchased a new position in John Hancock Multifactor Small Cap ETF during the 3rd quarter valued at about $10,226,000. HighTower Advisors LLC acquired a new position in shares of John Hancock Multifactor Small Cap ETF in the 3rd quarter valued at about $4,729,000. Bank of America Corp DE lifted its position in shares of John Hancock Multifactor Small Cap ETF by 4.6% in the first quarter. Bank of America Corp DE now owns 2,238,444 shares of the company’s stock worth $96,007,000 after purchasing an additional 98,921 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in shares of John Hancock Multifactor Small Cap ETF in the third quarter worth approximately $3,943,000. Finally, Simplicity Wealth LLC lifted its position in shares of John Hancock Multifactor Small Cap ETF by 77.4% in the third quarter. Simplicity Wealth LLC now owns 112,369 shares of the company’s stock worth $5,107,000 after purchasing an additional 49,015 shares in the last quarter.

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.