John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Short Interest Down 89.1% in July

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 8,393 shares, a drop of 89.1% from the July 15th total of 76,878 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 27,993 shares, the short-interest ratio is currently 0.3 days.

John Hancock Mortgage-Backed Securities ETF Trading Up 0.2%

Shares of John Hancock Mortgage-Backed Securities ETF stock traded up $0.04 on Wednesday, hitting $21.68. 7,426 shares of the company’s stock were exchanged, compared to its average volume of 45,931. John Hancock Mortgage-Backed Securities ETF has a 1 year low of $21.53 and a 1 year high of $22.60. The company has a 50-day simple moving average of $21.83 and a 200-day simple moving average of $22.03.

Institutional Investors Weigh In On John Hancock Mortgage-Backed Securities ETF

A number of institutional investors have recently bought and sold shares of the business. LPL Financial LLC raised its position in shares of John Hancock Mortgage-Backed Securities ETF by 13.9% during the fourth quarter. LPL Financial LLC now owns 1,333,491 shares of the company’s stock valued at $29,550,000 after buying an additional 162,580 shares during the last quarter. Private Advisor Group LLC boosted its holdings 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 purchasing an additional 395,575 shares during the period. HighTower Advisors LLC increased its position 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 valued at $23,696,000 after purchasing an additional 38,986 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in 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 valued at $13,390,000 after buying an additional 56,262 shares during the period. Finally, Fidelity D & D Bancorp Inc. raised its stake in shares of John Hancock Mortgage-Backed Securities ETF by 7.1% in the first 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 period.

About John Hancock Mortgage-Backed Securities ETF

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.