John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV) Shares Shorted: Short Interest Down 67.6% in September

John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV – Get Free Report) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 23 shares, a decline of 67.6% from the September 15th total of 71 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 3,785 shares, the days-to-cover ratio is presently 0.0 days.

John Hancock U.S. High Dividend ETF Price Performance

Shares of JHDV traded down $0.14 during midday trading on Monday, hitting $46.13. The stock had a trading volume of 16 shares, compared to its average volume of 638. The firm has a market cap of $12.92 million, a PE ratio of 19.09 and a beta of 0.98. John Hancock U.S. High Dividend ETF has a 1 year low of $38.46 and a 1 year high of $48.29. The stock’s 50 day moving average is $47.06 and its 200 day moving average is $45.73.

John Hancock U.S. High Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given a dividend of $0.2829 per share. This represents a $1.13 annualized dividend and a dividend yield of 2.5%. This is a boost from John Hancock U.S. High Dividend ETF’s previous quarterly dividend of $0.2553. The ex-dividend date was Monday, September 28th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in John Hancock U.S. High Dividend ETF stock. Royal Bank of Canada boosted its holdings in shares of John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV – Free Report) by 2,760.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,953 shares of the company’s stock after acquiring an additional 8,640 shares during the quarter. Royal Bank of Canada owned 3.89% of John Hancock U.S. High Dividend ETF worth $359,000 as of its most recent SEC filing.

About John Hancock U.S. High Dividend ETF

(Get Free Report)

The John Hancock U.S. High Dividend ETF (JHDV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of high dividend-paying or high dividend growth stocks. Selection and weighting are based on a proprietary systematic approach of US large- and mid-cap companies. JHDV was launched on Sep 27, 2022 and is managed by John Hancock.

Further Reading

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