John Hancock International High Dividend ETF (NYSEARCA:JHID) Short Interest Update

John Hancock International High Dividend ETF (NYSEARCA:JHID) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 4,676 shares, a decrease of 36.7% from the January 29th total of 7,389 shares. Based on an average trading volume of 692 shares, the short-interest ratio is presently 6.8 days. Currently, 1.7% of the shares of the stock are short sold. Currently, 1.7% of the shares of the stock are short sold. Based on an average trading volume of 692 shares, the short-interest ratio is presently 6.8 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada grew its holdings in John Hancock International High Dividend ETF by 73.6% during the 4th quarter. Royal Bank of Canada now owns 5,335 shares of the company’s stock worth $203,000 after acquiring an additional 2,262 shares during the last quarter. Jane Street Group LLC bought a new position in shares of John Hancock International High Dividend ETF during the fourth quarter valued at $259,000. Valmark Advisers Inc. lifted its holdings in shares of John Hancock International High Dividend ETF by 140.6% during the third quarter. Valmark Advisers Inc. now owns 15,683 shares of the company’s stock worth $561,000 after purchasing an additional 9,165 shares during the period. WealthPlan Investment Management LLC lifted its holdings in shares of John Hancock International High Dividend ETF by 5.6% during the third quarter. WealthPlan Investment Management LLC now owns 68,283 shares of the company’s stock worth $2,442,000 after purchasing an additional 3,622 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in shares of John Hancock International High Dividend ETF by 6.3% in the fourth quarter. The Manufacturers Life Insurance Company now owns 336,000 shares of the company’s stock worth $12,796,000 after purchasing an additional 20,000 shares during the last quarter.

John Hancock International High Dividend ETF Stock Down 1.3%

Shares of JHID stock opened at $42.05 on Tuesday. John Hancock International High Dividend ETF has a twelve month low of $27.57 and a twelve month high of $44.19. The stock’s fifty day simple moving average is $40.34 and its 200 day simple moving average is $37.63. The firm has a market capitalization of $11.77 million, a P/E ratio of 10.89 and a beta of 0.69.

About John Hancock International High Dividend ETF

The John Hancock International High Dividend ETF (JHID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund of high dividend-paying stocks from developed markets outside the US. The fund selects and weights large- and mid-cap companies based on a proprietary systematic approach. JHID was launched on Dec 20, 2022 and is managed by John Hancock.