John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) Shares Shorted: Short Interest Up 233.4% in October

John Hancock Multifactor Large Cap ETF (NYSEARCA:JHML) saw a large growth in short interest in 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. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 22,252 shares, the short-interest ratio is presently 0.8 days.

John Hancock Multifactor Large Cap ETF Trading Down 0.4%

Shares of JHML stock traded down $0.40 on Thursday, reaching $90.50. 24,320 shares of the stock were exchanged, compared to its average volume of 28,841. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 22.09 and a beta of 0.97. The business’s 50 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 twelve month low of $75.90 and a twelve month high of $92.58.

Hedge Funds Weigh In On John Hancock Multifactor Large Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jacobi Capital Management LLC acquired a new position in John Hancock Multifactor Large Cap ETF during the third quarter worth approximately $42,000. Trust Co. of Vermont acquired a new stake in John Hancock Multifactor Large Cap ETF during the 2nd quarter worth $69,000. Assetmark Inc. boosted its stake 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 stake in John Hancock Multifactor Large Cap ETF during the 1st quarter worth $168,000. Finally, IFP Advisors Inc boosted its stake in John Hancock Multifactor Large Cap ETF by 306.2% during the 3rd quarter. IFP Advisors Inc now owns 2,961 shares of the company’s stock worth $264,000 after purchasing an additional 2,232 shares during the period.

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.