Short Interest in John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Drops By 21.7%

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 40,021 shares, a drop of 21.7% from the February 12th total of 51,114 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 103,446 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 103,446 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

John Hancock Multifactor Developed International ETF Price Performance

Shares of NYSEARCA:JHMD traded up $0.18 during trading on Tuesday, reaching $42.78. The stock had a trading volume of 52,536 shares, compared to its average volume of 172,276. The stock has a market capitalization of $1.11 billion, a PE ratio of 14.46 and a beta of 0.81. John Hancock Multifactor Developed International ETF has a 52 week low of $30.98 and a 52 week high of $46.03. The business’s 50-day moving average price is $43.82 and its 200 day moving average price is $41.68.

Institutional Trading of John Hancock Multifactor Developed International ETF

Several large investors have recently made changes to their positions in the business. Jane Street Group LLC raised its holdings in shares of John Hancock Multifactor Developed International ETF by 49.2% in the first quarter. Jane Street Group LLC now owns 144,236 shares of the company’s stock valued at $5,041,000 after buying an additional 47,538 shares during the last quarter. Cetera Investment Advisers increased its position in John Hancock Multifactor Developed International ETF by 14.2% in the 2nd quarter. Cetera Investment Advisers now owns 17,113 shares of the company’s stock valued at $655,000 after acquiring an additional 2,133 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of John Hancock Multifactor Developed International ETF by 14.5% in the second quarter. Raymond James Financial Inc. now owns 811,692 shares of the company’s stock worth $31,063,000 after acquiring an additional 102,550 shares during the last quarter. CLG LLC bought a new position in shares of John Hancock Multifactor Developed International ETF in the second quarter worth about $203,000. Finally, Bank of America Corp DE lifted its position in shares of John Hancock Multifactor Developed International ETF by 53.8% during the second quarter. Bank of America Corp DE now owns 723,022 shares of the company’s stock worth $27,670,000 after purchasing an additional 252,988 shares in the last quarter.

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.