John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Stock Short Interest Report for October

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 16,962 shares, a growth of 233.4% from the October 15th total of 5,088 shares. Based on an average daily volume of 22,252 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.1% of the shares of the company are sold short.

John Hancock Multifactor Large Cap ETF Price Performance

Shares of NYSEARCA:JHML traded down $0.40 during trading on Thursday, reaching $90.50. The company had a trading volume of 24,320 shares, compared to its average volume of 28,841. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 22.09 and a beta of 0.97. The stock’s fifty day moving average price is $90.16 and its 200 day moving average price is $86.76. John Hancock Multifactor Large Cap ETF has a fifty-two week low of $75.90 and a fifty-two week high of $92.58.

Institutional Investors Weigh In On John Hancock Multifactor Large Cap ETF

A number of hedge funds have recently added to or reduced their stakes in JHML. Jacobi Capital Management LLC acquired a new stake in John Hancock Multifactor Large Cap ETF in the third quarter valued at about $42,000. Trust Co. of Vermont acquired a new position in John Hancock Multifactor Large Cap ETF during the 2nd quarter worth approximately $69,000. Assetmark Inc. increased its position in John Hancock Multifactor Large Cap ETF by 118.2% during the 1st quarter. Assetmark Inc. now owns 1,405 shares of the company’s stock worth $110,000 after purchasing an additional 761 shares during the period. Western Wealth Management LLC acquired a new position in John Hancock Multifactor Large Cap ETF during the first quarter worth $168,000. Finally, IFP Advisors Inc lifted its holdings in John Hancock Multifactor Large Cap ETF by 306.2% in the third quarter. IFP Advisors Inc now owns 2,961 shares of the company’s stock valued at $264,000 after acquiring an additional 2,232 shares during the period.

About John Hancock Multifactor Large Cap ETF

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.