John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Short Interest Down 32.7% in August

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 5,652 shares, a decrease of 32.7% from the July 30th total of 8,393 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 22,757 shares, the short-interest ratio is currently 0.2 days.

John Hancock Mortgage-Backed Securities ETF Price Performance

Shares of John Hancock Mortgage-Backed Securities ETF stock traded down $0.06 during mid-day trading on Tuesday, hitting $21.49. 25,525 shares of the stock were exchanged, compared to its average volume of 45,106. John Hancock Mortgage-Backed Securities ETF has a twelve month low of $21.48 and a twelve month high of $22.60. The company has a 50-day simple moving average of $21.77 and a 200 day simple moving average of $21.98.

Hedge Funds Weigh In On John Hancock Mortgage-Backed Securities ETF

Several institutional investors and hedge funds have recently modified their holdings of JHMB. Private Advisor Group LLC boosted its position in John Hancock Mortgage-Backed Securities ETF by 57.3% during the fourth quarter. Private Advisor Group LLC now owns 1,085,694 shares of the company’s stock worth $24,059,000 after acquiring an additional 395,575 shares during the last quarter. LPL Financial LLC raised its holdings in John Hancock Mortgage-Backed Securities ETF by 13.9% in the 4th quarter. LPL Financial LLC now owns 1,333,491 shares of the company’s stock valued at $29,550,000 after acquiring an additional 162,580 shares during the last quarter. Peak Wealth Management LLC purchased a new position in shares of John Hancock Mortgage-Backed Securities ETF during the 4th quarter worth $3,528,000. Goldman Sachs Group Inc. lifted its stake in shares of John Hancock Mortgage-Backed Securities ETF by 1,109.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 153,916 shares of the company’s stock worth $3,411,000 after purchasing an additional 141,193 shares during the period. Finally, Great Valley Advisor Group Inc. purchased a new position in shares of John Hancock Mortgage-Backed Securities ETF during the 2nd quarter worth $2,922,000.

About John Hancock Mortgage-Backed Securities ETF

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.