John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV – Get Free Report) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 508 shares, an increase of 59.2% from the May 14th total of 319 shares. Based on an average trading volume of 285 shares, the short-interest ratio is currently 1.8 days. Currently, 0.2% of the shares of the company are short sold.
John Hancock U.S. High Dividend ETF Price Performance
Shares of NYSEARCA JHDV remained flat at $47.46 during trading hours on Tuesday. The stock had a trading volume of 30 shares, compared to its average volume of 421. The company has a market cap of $10.92 million, a price-to-earnings ratio of 19.09 and a beta of 0.98. John Hancock U.S. High Dividend ETF has a one year low of $36.32 and a one year high of $47.55. The company’s 50 day simple moving average is $44.66 and its two-hundred day simple moving average is $42.20.
Institutional Inflows and Outflows
An institutional investor recently raised its position in John Hancock U.S. High Dividend ETF stock. Royal Bank of Canada lifted its position in shares of John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV – Free Report) by 2,760.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,953 shares of the company’s stock after buying an additional 8,640 shares during the quarter. Royal Bank of Canada owned about 3.89% of John Hancock U.S. High Dividend ETF worth $359,000 as of its most recent SEC filing.
John Hancock U.S. High Dividend ETF Company Profile
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
- Five stocks we like better than John Hancock U.S. High Dividend ETF
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
- 5 High-Yield Stocks With Analyst Support and Room to Run
- AST SpaceMobile Announces Launch Date for Its Next 3 BlueBird Satellites
- Is Lennar Finally Turning the Corner After Its Housing Slump?
Receive News & Ratings for John Hancock U.S. High Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock U.S. High Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
