Short Interest in John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Drops By 67.5%

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 2,627 shares, a decrease of 67.5% from the August 15th total of 8,085 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 21,411 shares, the days-to-cover ratio is presently 0.1 days.

John Hancock Multifactor Small Cap ETF Stock Performance

Shares of NYSEARCA JHSC traded up $0.28 during mid-day trading on Friday, reaching $47.59. The company had a trading volume of 18,479 shares, compared to its average volume of 41,794. John Hancock Multifactor Small Cap ETF has a twelve month low of $39.61 and a twelve month high of $50.00. The stock’s 50 day moving average is $48.57 and its 200-day moving average is $46.70. The stock has a market capitalization of $716.23 million, a PE ratio of 15.76 and a beta of 1.00.

John Hancock Multifactor Small Cap ETF Announces Dividend

The company also recently declared a semiannual dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were paid a dividend of $0.1904 per share. The ex-dividend date of this dividend was Friday, June 26th. This represents a dividend yield of 78.0%.

Institutional Trading of John Hancock Multifactor Small Cap ETF

A number of institutional investors and hedge funds have recently made changes to their positions in JHSC. Ameriprise Financial Inc. boosted its position in John Hancock Multifactor Small Cap ETF by 170.5% during the third quarter. Ameriprise Financial Inc. now owns 574,595 shares of the company’s stock worth $24,047,000 after purchasing an additional 362,208 shares during the period. Bank of America Corp DE boosted its holdings in John Hancock Multifactor Small Cap ETF by 4.6% in the 1st quarter. Bank of America Corp DE now owns 2,238,444 shares of the company’s stock valued at $96,007,000 after purchasing an additional 98,921 shares during the period. Raymond James Financial Inc. grew its position in John Hancock Multifactor Small Cap ETF by 696.0% during the second quarter. Raymond James Financial Inc. now owns 99,648 shares of the company’s stock worth $3,891,000 after buying an additional 87,129 shares in the last quarter. Money Concepts Capital Corp acquired a new stake in shares of John Hancock Multifactor Small Cap ETF during the 1st quarter worth approximately $2,682,000. Finally, Sims Investment Management LLC boosted its stake in John Hancock Multifactor Small Cap ETF by 8.5% during the first quarter. Sims Investment Management LLC now owns 349,386 shares of the company’s stock worth $14,985,000 after buying an additional 27,440 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.