John Hancock Disciplined Value International Select ETF (NYSEARCA:JDVI) Stock Short Interest Drops 63.0%

John Hancock Disciplined Value International Select ETF (NYSEARCA:JDVI) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 28,193 shares, a decline of 63.0% from the September 30th total of 76,177 shares. Based on an average daily trading volume, of 89,656 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of John Hancock Disciplined Value International Select ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company boosted its stake in John Hancock Disciplined Value International Select ETF by 1,361.9% during the second quarter. The Manufacturers Life Insurance Company now owns 16,767,642 shares of the company’s stock valued at $646,760,000 after buying an additional 15,620,671 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of John Hancock Disciplined Value International Select ETF during the 2nd quarter valued at $11,014,000. Janney Montgomery Scott LLC increased 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 valued at $8,117,000 after acquiring an additional 107,514 shares during the last quarter. Bill Few Associates Inc. raised its position in John Hancock Disciplined Value International Select ETF by 2.5% during the third quarter. Bill Few Associates Inc. now owns 78,180 shares of the company’s stock valued at $3,121,000 after purchasing an additional 1,883 shares in the last quarter. Finally, Arete Wealth Advisors LLC purchased a new position in shares of John Hancock Disciplined Value International Select ETF in the 1st quarter worth about $2,029,000.

John Hancock Disciplined Value International Select ETF Stock Up 0.2%

NYSEARCA JDVI traded up $0.07 on Thursday, reaching $39.45. The company had a trading volume of 3,715 shares, compared to its average volume of 41,479. John Hancock Disciplined Value International Select ETF has a 52-week low of $33.28 and a 52-week high of $42.61. The company’s fifty day moving average is $40.41 and its 200 day moving average is $38.82. The stock has a market capitalization of $818.57 million, a P/E ratio of 14.69 and a beta of 0.54.

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.