John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Short Interest Up 297.9% in January

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 39,649 shares, an increase of 297.9% from the January 15th total of 9,965 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 60,333 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 60,333 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the company’s stock are short sold.

John Hancock Multifactor Small Cap ETF Price Performance

NYSEARCA:JHSC traded down $0.29 on Wednesday, hitting $45.96. 17,360 shares of the company’s stock were exchanged, compared to its average volume of 53,049. The firm has a 50-day moving average price of $43.85 and a 200-day moving average price of $42.22. John Hancock Multifactor Small Cap ETF has a 52 week low of $31.96 and a 52 week high of $46.56. The company has a market cap of $696.22 million, a P/E ratio of 15.76 and a beta of 1.05.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Natixis Advisors LLC bought a new stake in John Hancock Multifactor Small Cap ETF in the fourth quarter valued at approximately $646,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of John Hancock Multifactor Small Cap ETF by 2.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 157,843 shares of the company’s stock worth $6,628,000 after acquiring an additional 4,146 shares during the last quarter. International Assets Investment Management LLC bought a new stake in John Hancock Multifactor Small Cap ETF in the 4th quarter valued at $71,000. Sun Financial Inc acquired a new stake in John Hancock Multifactor Small Cap ETF during the 4th quarter valued at $316,000. Finally, Simplicity Wealth LLC lifted its holdings in John Hancock Multifactor Small Cap ETF by 41.5% during the 4th quarter. Simplicity Wealth LLC now owns 39,574 shares of the company’s stock valued at $1,662,000 after purchasing an additional 11,609 shares during 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.