John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Short Interest Up 556.8% in April

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 62,072 shares, a growth of 556.8% from the April 15th total of 9,450 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 92,015 shares, the short-interest ratio is currently 0.7 days.

John Hancock Multifactor Developed International ETF Stock Down 0.4%

Shares of John Hancock Multifactor Developed International ETF stock traded down $0.19 during trading on Tuesday, reaching $44.77. 53,905 shares of the company were exchanged, compared to its average volume of 148,518. John Hancock Multifactor Developed International ETF has a twelve month low of $36.72 and a twelve month high of $46.03. The business has a 50-day moving average price of $43.47 and a 200-day moving average price of $42.64. The firm has a market capitalization of $935.69 million, a price-to-earnings ratio of 14.46 and a beta of 0.75.

Institutional Investors Weigh In On John Hancock Multifactor Developed International ETF

A number of institutional investors have recently made changes to their positions in the stock. LPL Financial LLC grew its stake in shares of John Hancock Multifactor Developed International ETF by 11.3% during the fourth quarter. LPL Financial LLC now owns 998,364 shares of the company’s stock worth $41,462,000 after purchasing an additional 101,631 shares during the period. Bank of America Corp DE grew its stake in shares of John Hancock Multifactor Developed International ETF by 21.5% during the third quarter. Bank of America Corp DE now owns 878,717 shares of the company’s stock worth $35,131,000 after purchasing an additional 155,695 shares during the period. Raymond James Financial Inc. grew its stake in shares of John Hancock Multifactor Developed International ETF by 3.5% during the third quarter. Raymond James Financial Inc. now owns 839,721 shares of the company’s stock worth $33,572,000 after purchasing an additional 28,029 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of John Hancock Multifactor Developed International ETF by 0.7% during the third quarter. Envestnet Asset Management Inc. now owns 559,219 shares of the company’s stock worth $22,358,000 after purchasing an additional 4,020 shares during the period. Finally, Magnus Financial Group LLC grew its stake in shares of John Hancock Multifactor Developed International ETF by 0.8% during the fourth quarter. Magnus Financial Group LLC now owns 325,182 shares of the company’s stock worth $13,505,000 after purchasing an additional 2,733 shares during the period.

About John Hancock Multifactor Developed International ETF

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.