John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Sees Significant Increase in Short Interest

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 16,540 shares, a growth of 3,303.3% from the August 15th total of 486 shares. Based on an average daily volume of 24,360 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On John Hancock Multifactor Large Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of JHML. NewEdge Advisors LLC boosted its position in shares of John Hancock Multifactor Large Cap ETF by 1.4% in the second quarter. NewEdge Advisors LLC now owns 8,459 shares of the company’s stock valued at $754,000 after acquiring an additional 114 shares during the period. Advisory Solutions Group LLC acquired a new stake in John Hancock Multifactor Large Cap ETF in the 2nd quarter worth about $1,063,000. Trust Co. of Vermont acquired a new stake in John Hancock Multifactor Large Cap ETF in the 2nd quarter worth about $69,000. CoreCap Advisors LLC boosted its holdings in John Hancock Multifactor Large Cap ETF by 5.8% in the 2nd quarter. CoreCap Advisors LLC now owns 65,438 shares of the company’s stock valued at $5,836,000 after purchasing an additional 3,596 shares during the period. Finally, Western Wealth Management LLC bought a new stake in John Hancock Multifactor Large Cap ETF in the 1st quarter valued at about $168,000.

John Hancock Multifactor Large Cap ETF Trading Down 0.7%

Shares of NYSEARCA JHML opened at $89.32 on Friday. The firm has a market cap of $1.17 billion, a P/E ratio of 23.08 and a beta of 0.97. The business’s 50 day moving average is $90.12 and its 200-day moving average is $86.36. John Hancock Multifactor Large Cap ETF has a 1-year low of $75.90 and a 1-year high of $92.58.

John Hancock Multifactor Large Cap ETF Dividend Announcement

The company also recently disclosed a semiannual dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 26th were issued a $0.3892 dividend. This represents a yield of 89.0%. The ex-dividend date of this dividend was Friday, June 26th.

John Hancock Multifactor Large Cap ETF Company Profile

The John Hancock Multifactor Large Cap ETF (JHML) is an exchange-traded fund that is based on the John Hancock Dimensional Large Cap index. The fund tracks an index of largest 800 US firms, weighted by multiple factors relative to their sector peers. JHML was launched on Sep 28, 2015 and is managed by John Hancock.