John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Sees Large Growth in Short Interest

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 76,878 shares, an increase of 203.3% from the June 30th total of 25,345 shares. Based on an average daily volume of 46,870 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.8% of the shares of the stock are sold short.

John Hancock Mortgage-Backed Securities ETF Price Performance

Shares of NYSEARCA JHMB traded up $0.03 during mid-day trading on Monday, reaching $21.73. The company’s stock had a trading volume of 4,210 shares, compared to its average volume of 47,723. The stock has a 50-day moving average of $21.88 and a two-hundred day moving average of $22.08. John Hancock Mortgage-Backed Securities ETF has a 1-year low of $21.59 and a 1-year high of $22.60.

Institutional Trading of John Hancock Mortgage-Backed Securities ETF

Hedge funds have recently bought and sold shares of the business. LPL Financial LLC increased its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 13.9% in the fourth quarter. LPL Financial LLC now owns 1,333,491 shares of the company’s stock valued at $29,550,000 after purchasing an additional 162,580 shares during the last quarter. Private Advisor Group LLC increased its stake in shares of John Hancock Mortgage-Backed Securities ETF by 57.3% in the 4th quarter. Private Advisor Group LLC now owns 1,085,694 shares of the company’s stock worth $24,059,000 after acquiring an additional 395,575 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 3.8% during the 4th quarter. HighTower Advisors LLC now owns 1,069,309 shares of the company’s stock worth $23,696,000 after acquiring an additional 38,986 shares during the period. Kestra Advisory Services LLC raised its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 10.3% during the 4th quarter. Kestra Advisory Services LLC now owns 604,230 shares of the company’s stock worth $13,390,000 after acquiring an additional 56,262 shares during the period. Finally, Fidelity D & D Bancorp Inc. boosted its position in shares of John Hancock Mortgage-Backed Securities ETF by 7.1% during the 1st quarter. Fidelity D & D Bancorp Inc. now owns 414,145 shares of the company’s stock valued at $9,117,000 after acquiring an additional 27,275 shares during the last quarter.

John Hancock Mortgage-Backed Securities ETF Company Profile

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.