John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Short Interest Update

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw a large 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. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 24,360 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

Several hedge funds have recently added to or reduced their stakes in JHML. JPMorgan Chase & Co. increased its stake in shares of John Hancock Multifactor Large Cap ETF by 8.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,327 shares of the company’s stock valued at $611,000 after acquiring an additional 662 shares during the last quarter. Raymond James Financial Inc. boosted its stake in John Hancock Multifactor Large Cap ETF by 605.1% during the 2nd quarter. Raymond James Financial Inc. now owns 360,767 shares of the company’s stock worth $26,463,000 after acquiring an additional 309,599 shares during the last quarter. Smartleaf Asset Management LLC bought a new position in John Hancock Multifactor Large Cap ETF during the 2nd quarter worth approximately $75,000. Orion Porfolio Solutions LLC boosted its stake in John Hancock Multifactor Large Cap ETF by 6.4% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 6,288 shares of the company’s stock worth $493,000 after acquiring an additional 378 shares during the last quarter. Finally, Equitable Holdings Inc. grew its holdings in John Hancock Multifactor Large Cap ETF by 17.0% during the third quarter. Equitable Holdings Inc. now owns 12,112 shares of the company’s stock valued at $949,000 after purchasing an additional 1,761 shares during the period.

John Hancock Multifactor Large Cap ETF Stock Up 0.9%

JHML stock opened at $90.15 on Friday. The business’s fifty day moving average is $90.15 and its 200-day moving average is $86.39. The company has a market cap of $1.18 billion, a P/E ratio of 23.08 and a beta of 0.97. John Hancock Multifactor Large Cap ETF has a twelve month low of $75.90 and a twelve month high of $92.58.

John Hancock Multifactor Large Cap ETF Dividend Announcement

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

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.