Short Interest in John Hancock International High Dividend ETF (NYSEARCA:JHID) Expands By 230.5%

John Hancock International High Dividend ETF (NYSEARCA:JHID) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 9,095 shares, an increase of 230.5% from the December 31st total of 2,752 shares. Based on an average daily volume of 2,416 shares, the days-to-cover ratio is presently 3.8 days. Approximately 3.2% of the company’s shares are short sold. Approximately 3.2% of the company’s shares are short sold. Based on an average daily volume of 2,416 shares, the days-to-cover ratio is presently 3.8 days.

John Hancock International High Dividend ETF Trading Down 0.8%

Shares of NYSEARCA:JHID traded down $0.32 on Friday, reaching $40.65. The company had a trading volume of 447 shares, compared to its average volume of 1,437. The firm has a market capitalization of $11.38 million, a PE ratio of 10.89 and a beta of 0.69. John Hancock International High Dividend ETF has a 52-week low of $27.57 and a 52-week high of $40.97. The firm’s 50 day simple moving average is $38.45 and its 200-day simple moving average is $36.46.

Hedge Funds Weigh In On John Hancock International High Dividend ETF

An institutional investor recently raised its position in John Hancock International High Dividend ETF stock. Valmark Advisers Inc. increased its position in shares of John Hancock International High Dividend ETF (NYSEARCA:JHID) by 21.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,068 shares of the company’s stock after buying an additional 3,385 shares during the period. Valmark Advisers Inc. owned 6.81% of John Hancock International High Dividend ETF worth $726,000 as of its most recent filing with the SEC.

John Hancock International High Dividend ETF Company Profile

The John Hancock International High Dividend ETF (JHID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund of high dividend-paying stocks from developed markets outside the US. The fund selects and weights large- and mid-cap companies based on a proprietary systematic approach. JHID was launched on Dec 20, 2022 and is managed by John Hancock.