John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Short Interest Up 58.7% in March

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 63,523 shares, an increase of 58.7% from the February 26th total of 40,021 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 177,128 shares, the days-to-cover ratio is presently 0.4 days.

John Hancock Multifactor Developed International ETF Stock Down 0.7%

NYSEARCA:JHMD traded down $0.31 on Friday, hitting $41.04. The stock had a trading volume of 100,503 shares, compared to its average volume of 165,309. The business’s 50-day simple moving average is $43.68 and its two-hundred day simple moving average is $41.82. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 14.46 and a beta of 0.81. John Hancock Multifactor Developed International ETF has a 52-week low of $30.98 and a 52-week high of $46.03.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC boosted its stake in shares of John Hancock Multifactor Developed International ETF by 11.3% during the 4th quarter. LPL Financial LLC now owns 998,364 shares of the company’s stock worth $41,462,000 after acquiring an additional 101,631 shares during the last quarter. Bank of America Corp DE raised its holdings in John Hancock Multifactor Developed International ETF by 21.5% in the 3rd 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. lifted its position in 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 valued at $33,572,000 after purchasing an additional 28,029 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in 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 valued at $22,358,000 after purchasing an additional 4,020 shares during the period. Finally, Magnus Financial Group LLC increased its position in John Hancock Multifactor Developed International ETF by 0.8% in the fourth quarter. Magnus Financial Group LLC now owns 325,182 shares of the company’s stock worth $13,505,000 after buying an additional 2,733 shares in the last quarter.

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.