John Hancock Hedged Equity ETF (NYSEARCA:JHDG) Sees Large Decrease in Short Interest

John Hancock Hedged Equity ETF (NYSEARCA:JHDG) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 424 shares, a decline of 98.4% from the September 30th total of 26,907 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 21,698 shares, the days-to-cover ratio is currently 0.0 days.

John Hancock Hedged Equity ETF Stock Performance

Shares of John Hancock Hedged Equity ETF stock traded up $0.11 on Wednesday, reaching $28.28. 1,840 shares of the company’s stock were exchanged, compared to its average volume of 26,030. The company has a market capitalization of $130.64 million, a P/E ratio of -146,269.43 and a beta of 1.04. John Hancock Hedged Equity ETF has a 52 week low of $25.62 and a 52 week high of $28.81. The firm’s 50-day moving average is $28.12 and its two-hundred day moving average is $26.93.

John Hancock Hedged Equity ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were issued a $0.0216 dividend. This represents a $0.09 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 28th. John Hancock Hedged Equity ETF’s dividend payout ratio (DPR) is presently -25,906.74%.