John Hancock Disciplined Value International Select ETF (NYSEARCA:JDVI) Sees Large Growth in Short Interest

John Hancock Disciplined Value International Select ETF (NYSEARCA:JDVI) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 9,269 shares, an increase of 301.8% from the May 14th total of 2,307 shares. Based on an average daily volume of 6,753 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.0% of the company’s stock are sold short.

John Hancock Disciplined Value International Select ETF Stock Performance

NYSEARCA JDVI opened at $39.03 on Friday. The firm has a 50 day simple moving average of $38.54 and a 200-day simple moving average of $37.28. John Hancock Disciplined Value International Select ETF has a one year low of $30.78 and a one year high of $41.12. The firm has a market cap of $738.45 million, a price-to-earnings ratio of 14.69 and a beta of 0.51.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Arete Wealth Advisors LLC purchased a new position in John Hancock Disciplined Value International Select ETF in the first quarter worth approximately $2,029,000. Janney Montgomery Scott LLC lifted its stake in John Hancock Disciplined Value International Select ETF by 91.8% in the first quarter. Janney Montgomery Scott LLC now owns 224,673 shares of the company’s stock worth $8,117,000 after acquiring an additional 107,514 shares during the last quarter. Jane Street Group LLC purchased a new position in John Hancock Disciplined Value International Select ETF in the fourth quarter worth approximately $922,000. Titleist Asset Management LLC purchased a new position in John Hancock Disciplined Value International Select ETF in the fourth quarter worth approximately $329,000. Finally, Elyxium Wealth LLC purchased a new position in John Hancock Disciplined Value International Select ETF in the fourth quarter worth approximately $238,000.

About John Hancock Disciplined Value International Select ETF

The John Hancock Disciplined Value International Select ETF (JDVI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to undervalued large- and mid-cap equities issued outside the US. JDVI was launched on Dec 19, 2023 and is issued by John Hancock.