John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Significant Decline in Short Interest

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 13,145 shares, a decrease of 76.8% from the August 15th total of 56,660 shares. Based on an average daily volume of 89,015 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of John Hancock Multifactor Developed International ETF

Several hedge funds have recently bought and sold shares of JHMD. Allworth Financial LP lifted its holdings in shares of John Hancock Multifactor Developed International ETF by 24.2% in the second quarter. Allworth Financial LP now owns 1,218 shares of the company’s stock valued at $54,000 after purchasing an additional 237 shares in the last quarter. Comerica Bank boosted its stake in shares of John Hancock Multifactor Developed International ETF by 15.1% during the 4th quarter. Comerica Bank now owns 3,137 shares of the company’s stock worth $130,000 after acquiring an additional 411 shares during the period. Private Advisor Group LLC raised its stake in John Hancock Multifactor Developed International ETF by 2.3% in the 1st quarter. Private Advisor Group LLC now owns 18,209 shares of the company’s stock valued at $772,000 after acquiring an additional 413 shares during the period. HighTower Advisors LLC raised its position in shares of John Hancock Multifactor Developed International ETF by 11.5% in the fourth quarter. HighTower Advisors LLC now owns 6,545 shares of the company’s stock valued at $272,000 after purchasing an additional 675 shares during the period. Finally, UBS Group AG lifted its position in John Hancock Multifactor Developed International ETF by 2.4% during the fourth quarter. UBS Group AG now owns 55,289 shares of the company’s stock worth $2,296,000 after acquiring an additional 1,295 shares during the last quarter.

John Hancock Multifactor Developed International ETF Price Performance

Shares of NYSEARCA JHMD traded up $0.34 during midday trading on Friday, hitting $45.85. The stock had a trading volume of 30,673 shares, compared to its average volume of 119,597. The company’s 50-day simple moving average is $45.66 and its 200 day simple moving average is $44.66. The firm has a market cap of $972.02 million, a P/E ratio of 14.46 and a beta of 0.74. John Hancock Multifactor Developed International ETF has a fifty-two week low of $39.12 and a fifty-two week high of $46.80.

John Hancock Multifactor Developed International ETF Dividend Announcement

The firm also recently announced a semiannual dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 26th were issued a dividend of $0.7711 per share. This represents a yield of 350.0%. The ex-dividend date of this dividend was Friday, June 26th.

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.