John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Short Interest Down 74.6% in March

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 16,106 shares, a drop of 74.6% from the March 15th total of 63,523 shares. Based on an average daily volume of 105,416 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of John Hancock Multifactor Developed International ETF

Hedge funds have recently made changes to their positions in the company. Allworth Financial LP acquired a new stake in shares of John Hancock Multifactor Developed International ETF during the third quarter valued at about $39,000. Assetmark Inc. boosted its stake in shares of John Hancock Multifactor Developed International ETF by 866.7% during the fourth quarter. Assetmark Inc. now owns 1,160 shares of the company’s stock valued at $48,000 after purchasing an additional 1,040 shares in the last quarter. Comerica Bank boosted its stake in shares of John Hancock Multifactor Developed International ETF by 15.1% during the fourth quarter. Comerica Bank now owns 3,137 shares of the company’s stock valued at $130,000 after purchasing an additional 411 shares in the last quarter. AE Wealth Management LLC acquired a new stake in shares of John Hancock Multifactor Developed International ETF during the third quarter valued at about $135,000. Finally, MONECO Advisors LLC acquired a new stake in shares of John Hancock Multifactor Developed International ETF during the third quarter valued at about $207,000.

John Hancock Multifactor Developed International ETF Stock Performance

Shares of NYSEARCA JHMD traded up $0.11 during mid-day trading on Friday, reaching $44.63. The company had a trading volume of 63,067 shares, compared to its average volume of 155,372. John Hancock Multifactor Developed International ETF has a one year low of $33.12 and a one year high of $46.03. The business’s 50-day simple moving average is $43.65 and its 200 day simple moving average is $42.01. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 14.46 and a beta of 0.77.

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.