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 decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,627 shares, a decline of 67.5% from the August 15th total of 8,085 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 21,411 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp acquired a new stake in John Hancock Multifactor Small Cap ETF during the first quarter worth $45,000. MCF Advisors LLC purchased a new stake in John Hancock Multifactor Small Cap ETF in the second quarter valued at $65,000. International Assets Investment Management LLC acquired a new position in shares of John Hancock Multifactor Small Cap ETF in the 4th quarter valued at $71,000. Kestra Advisory Services LLC lifted its stake in shares of John Hancock Multifactor Small Cap ETF by 16.2% in the 1st quarter. Kestra Advisory Services LLC now owns 6,375 shares of the company’s stock valued at $273,000 after purchasing an additional 889 shares during the last quarter. Finally, Financially in Tune LLC acquired a new position in shares of John Hancock Multifactor Small Cap ETF in the 4th quarter valued at $296,000.

John Hancock Multifactor Small Cap ETF Trading Down 0.6%

JHSC stock traded down $0.28 during trading on Monday, reaching $47.31. 65,245 shares of the stock were exchanged, compared to its average volume of 41,927. The business has a 50 day moving average price of $48.57 and a 200-day moving average price of $46.70. John Hancock Multifactor Small Cap ETF has a 1 year low of $39.61 and a 1 year high of $50.00. The firm has a market capitalization of $712.02 million, a price-to-earnings 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 issued a dividend of $0.1904 per share. The ex-dividend date was Friday, June 26th. This represents a dividend yield of 78.0%.

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.