Short Interest in John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Decreases By 23.5%

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 10,487 shares, a decline of 23.5% from the November 30th total of 13,715 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 38,742 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 38,742 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

John Hancock Multifactor Small Cap ETF Stock Down 0.5%

John Hancock Multifactor Small Cap ETF stock traded down $0.20 during trading hours on Tuesday, reaching $42.36. 23,100 shares of the company’s stock were exchanged, compared to its average volume of 45,082. The firm has a market capitalization of $624.81 million, a PE ratio of 15.76 and a beta of 1.05. The firm’s 50 day simple moving average is $42.03 and its 200 day simple moving average is $41.16. John Hancock Multifactor Small Cap ETF has a twelve month low of $31.96 and a twelve month high of $43.78.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Private Trust Co. NA bought a new stake in shares of John Hancock Multifactor Small Cap ETF during the second quarter valued at approximately $30,000. AE Wealth Management LLC acquired a new position in shares of John Hancock Multifactor Small Cap ETF during the third quarter valued at about $34,000. Huntington National Bank bought a new stake in shares of John Hancock Multifactor Small Cap ETF during the third quarter worth about $49,000. ORG Partners LLC bought a new position in shares of John Hancock Multifactor Small Cap ETF in the second quarter valued at approximately $60,000. Finally, Institute for Wealth Management LLC. purchased a new position in John Hancock Multifactor Small Cap ETF during the 3rd quarter worth $205,000.

About John Hancock Multifactor Small Cap ETF

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.