John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Short Interest Update

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 77,054 shares, an increase of 118.3% from the May 14th total of 35,304 shares. Based on an average daily trading volume, of 132,871 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JHMD. Jane Street Group LLC grew its holdings in John Hancock Multifactor Developed International ETF by 49.2% in the 1st quarter. Jane Street Group LLC now owns 144,236 shares of the company’s stock valued at $5,041,000 after buying an additional 47,538 shares in the last quarter. Cetera Investment Advisers boosted its stake in John Hancock Multifactor Developed International ETF by 14.2% in the second quarter. Cetera Investment Advisers now owns 17,113 shares of the company’s stock valued at $655,000 after buying an additional 2,133 shares in the last quarter. Raymond James Financial Inc. boosted its stake in John Hancock Multifactor Developed International ETF by 14.5% in the second quarter. Raymond James Financial Inc. now owns 811,692 shares of the company’s stock valued at $31,063,000 after buying an additional 102,550 shares in the last quarter. CLG LLC acquired a new stake in John Hancock Multifactor Developed International ETF in the second quarter valued at about $203,000. Finally, Bank of America Corp DE boosted its stake in John Hancock Multifactor Developed International ETF by 53.8% in the second quarter. Bank of America Corp DE now owns 723,022 shares of the company’s stock valued at $27,670,000 after buying an additional 252,988 shares in the last quarter.

John Hancock Multifactor Developed International ETF Price Performance

NYSEARCA JHMD traded up $0.18 on Friday, reaching $45.22. The stock had a trading volume of 101,499 shares, compared to its average volume of 139,029. The firm has a fifty day moving average of $44.52 and a two-hundred day moving average of $43.39. John Hancock Multifactor Developed International ETF has a 1-year low of $37.36 and a 1-year high of $46.03. The company has a market cap of $945.10 million, a P/E ratio of 14.46 and a beta of 0.74.

John Hancock Multifactor Developed International ETF Company Profile

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.