John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Short Interest Down 55.2% in June

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 10,663 shares, a drop of 55.2% from the June 15th total of 23,793 shares. Based on an average daily volume of 28,544 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in JHSC. Fifth Third Bancorp bought a new position in shares of John Hancock Multifactor Small Cap ETF in the first quarter worth about $45,000. International Assets Investment Management LLC bought a new position in shares of John Hancock Multifactor Small Cap ETF in the 4th quarter valued at $71,000. Kestra Advisory Services LLC bought a new position in shares of John Hancock Multifactor Small Cap ETF in the 4th quarter valued at $230,000. Financially in Tune LLC acquired a new stake in shares of John Hancock Multifactor Small Cap ETF during the 4th quarter valued at $296,000. Finally, Sun Financial Inc acquired a new stake in shares of John Hancock Multifactor Small Cap ETF during the 4th quarter valued at $316,000.

John Hancock Multifactor Small Cap ETF Price Performance

JHSC traded up $0.27 on Wednesday, hitting $48.32. 15,158 shares of the stock were exchanged, compared to its average volume of 43,076. John Hancock Multifactor Small Cap ETF has a 12 month low of $38.59 and a 12 month high of $48.87. The firm has a market capitalization of $701.61 million, a price-to-earnings ratio of 15.76 and a beta of 1.00. The business has a 50-day moving average of $47.28 and a two-hundred day moving average of $45.51.

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.