John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Short Interest Up 210.4% in August

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 56,660 shares, a growth of 210.4% from the July 30th total of 18,256 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 97,372 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On John Hancock Multifactor Developed International ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. LPL Financial LLC boosted its holdings in John Hancock Multifactor Developed International ETF by 11.3% during the 4th quarter. LPL Financial LLC now owns 998,364 shares of the company’s stock valued at $41,462,000 after acquiring an additional 101,631 shares during the period. Bank of America Corp DE lifted its position in shares of John Hancock Multifactor Developed International ETF by 21.5% during the third quarter. Bank of America Corp DE now owns 878,717 shares of the company’s stock worth $35,131,000 after purchasing an additional 155,695 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of John Hancock Multifactor Developed International ETF by 3.5% during the third quarter. Raymond James Financial Inc. now owns 839,721 shares of the company’s stock valued at $33,572,000 after purchasing an additional 28,029 shares during the period. Simplicity Wealth LLC grew its holdings in shares of John Hancock Multifactor Developed International ETF by 31.7% in the first quarter. Simplicity Wealth LLC now owns 316,683 shares of the company’s stock worth $13,418,000 after purchasing an additional 76,140 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of John Hancock Multifactor Developed International ETF by 2.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 314,979 shares of the company’s stock worth $13,083,000 after purchasing an additional 8,274 shares during the last quarter.

John Hancock Multifactor Developed International ETF Price Performance

Shares of NYSEARCA JHMD traded down $0.07 during mid-day trading on Friday, hitting $46.27. 38,821 shares of the company’s stock traded hands, compared to its average volume of 120,942. John Hancock Multifactor Developed International ETF has a 1 year low of $38.68 and a 1 year high of $46.80. The company’s 50-day moving average is $45.35 and its two-hundred day moving average is $44.60. The company has a market capitalization of $980.92 million, a P/E ratio of 14.46 and a beta of 0.74.

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.