John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Large Decline in Short Interest

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 13,145 shares, a decrease of 76.8% from the August 15th total of 56,660 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 89,015 shares, the days-to-cover ratio is presently 0.1 days.

John Hancock Multifactor Developed International ETF Stock Up 0.7%

Shares of NYSEARCA:JHMD traded up $0.34 on Friday, hitting $45.85. 30,673 shares of the company traded hands, compared to its average volume of 119,597. John Hancock Multifactor Developed International ETF has a 52 week low of $39.12 and a 52 week high of $46.80. The stock has a 50 day simple moving average of $45.66 and a 200-day simple moving average of $44.67. The company has a market cap of $972.02 million, a PE ratio of 14.46 and a beta of 0.74.

John Hancock Multifactor Developed International ETF Announces Dividend

The business also recently announced a semiannual dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 26th were issued a $0.7711 dividend. The ex-dividend date was Friday, June 26th. This represents a yield of 350.0%.

Institutional Trading of John Hancock Multifactor Developed International ETF

Several large investors have recently modified their holdings of JHMD. Bank of America Corp DE increased its stake in shares of John Hancock Multifactor Developed International ETF by 53.8% in the 2nd quarter. Bank of America Corp DE now owns 723,022 shares of the company’s stock worth $27,670,000 after purchasing an additional 252,988 shares in the last quarter. Jane Street Group LLC purchased a new position in John Hancock Multifactor Developed International ETF during the fourth quarter valued at $8,306,000. MCF Advisors LLC purchased a new position in John Hancock Multifactor Developed International ETF during the second quarter valued at $7,738,000. Raymond James Financial Inc. grew its holdings in John Hancock Multifactor Developed International ETF by 14.5% during the second quarter. Raymond James Financial Inc. now owns 811,692 shares of the company’s stock valued at $31,063,000 after purchasing an additional 102,550 shares during the period. Finally, LPL Financial LLC grew its holdings in 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 valued at $41,462,000 after purchasing an additional 101,631 shares during the period.

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.