John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) Shares Shorted: Short Interest Up 151.7% in September

John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 175,353 shares, an increase of 151.7% from the August 31st total of 69,655 shares. Based on an average daily volume of 195,834 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company grew its position in shares of John Hancock Multifactor Mid Cap ETF by 47.4% in the second quarter. The Manufacturers Life Insurance Company now owns 4,073,547 shares of the company’s stock valued at $305,353,000 after purchasing an additional 1,309,269 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of John Hancock Multifactor Mid Cap ETF by 248.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 375,081 shares of the company’s stock worth $24,560,000 after purchasing an additional 267,590 shares during the period. MCF Advisors LLC lifted its holdings in John Hancock Multifactor Mid Cap ETF by 12,763.0% during the 2nd quarter. MCF Advisors LLC now owns 234,236 shares of the company’s stock worth $17,558,000 after purchasing an additional 232,415 shares during the last quarter. Elevation Point Wealth Partners LLC lifted its holdings in John Hancock Multifactor Mid Cap ETF by 459.4% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 233,406 shares of the company’s stock worth $15,666,000 after purchasing an additional 191,679 shares during the last quarter. Finally, 46 Peaks LLC bought a new stake in John Hancock Multifactor Mid Cap ETF in the 4th quarter valued at $9,281,000.

John Hancock Multifactor Mid Cap ETF Stock Down 0.7%

Shares of JHMM traded down $0.48 during trading hours on Monday, hitting $72.07. The company had a trading volume of 195,447 shares, compared to its average volume of 231,581. The business has a fifty day moving average of $74.62 and a 200-day moving average of $72.63. The firm has a market cap of $5.91 billion, a price-to-earnings ratio of 19.18 and a beta of 0.98. John Hancock Multifactor Mid Cap ETF has a 12 month low of $61.95 and a 12 month high of $77.45.

About John Hancock Multifactor Mid Cap ETF

The John Hancock Multifactor Mid Cap ETF (JHMM) is an exchange-traded fund that is based on the John Hancock Dimensional Mid Cap index. The fund tracks an index of US firms ranked 200-950 by size, weighted by multiple factors relative to their sector peers. JHMM was launched on Sep 28, 2015 and is managed by John Hancock.