Short Interest in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Grows By 69.7%

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 51,114 shares, an increase of 69.7% from the January 29th total of 30,119 shares. Based on an average daily volume of 286,942 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 286,942 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Financially in Tune LLC bought a new stake in John Hancock Multifactor Developed International ETF in the fourth quarter valued at approximately $1,154,000. Cetera Investment Advisers boosted its position in shares of John Hancock Multifactor Developed International ETF by 20.8% during the fourth quarter. Cetera Investment Advisers now owns 78,640 shares of the company’s stock worth $3,266,000 after purchasing an additional 13,547 shares in the last quarter. Advisory Services Network LLC grew its holdings in shares of John Hancock Multifactor Developed International ETF by 24.4% in the 4th quarter. Advisory Services Network LLC now owns 35,202 shares of the company’s stock valued at $1,462,000 after buying an additional 6,912 shares during the period. Royal Bank of Canada increased its position in shares of John Hancock Multifactor Developed International ETF by 1.0% in the 4th quarter. Royal Bank of Canada now owns 148,087 shares of the company’s stock valued at $6,150,000 after buying an additional 1,425 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of John Hancock Multifactor Developed International ETF by 13.7% in the 4th quarter. Kestra Advisory Services LLC now owns 47,187 shares of the company’s stock valued at $1,960,000 after buying an additional 5,673 shares in the last quarter.

John Hancock Multifactor Developed International ETF Stock Performance

NYSEARCA:JHMD traded down $0.81 during mid-day trading on Monday, hitting $44.91. The company had a trading volume of 38,601 shares, compared to its average volume of 172,347. John Hancock Multifactor Developed International ETF has a fifty-two week low of $30.98 and a fifty-two week high of $46.03. The firm has a market cap of $1.16 billion, a P/E ratio of 14.46 and a beta of 0.81. The business’s fifty day moving average is $43.55 and its two-hundred day moving average is $41.41.

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.