John Hancock International High Dividend ETF (NYSEARCA:JHID) Short Interest Update

John Hancock International High Dividend ETF (NYSEARCA:JHID) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 1,847 shares, a drop of 77.8% from the June 30th total of 8,314 shares. Based on an average daily trading volume, of 972 shares, the short-interest ratio is presently 1.9 days. Approximately 0.7% of the company’s stock are short sold.

Institutional Trading of John Hancock International High Dividend ETF

Several institutional investors have recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in shares of John Hancock International High Dividend ETF by 7.2% in the first quarter. Royal Bank of Canada now owns 5,718 shares of the company’s stock worth $232,000 after buying an additional 383 shares in the last quarter. Valmark Advisers Inc. grew its holdings in shares of John Hancock International High Dividend ETF by 3.1% during the first quarter. Valmark Advisers Inc. now owns 19,656 shares of the company’s stock valued at $796,000 after buying an additional 588 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of John Hancock International High Dividend ETF by 6.3% during the fourth quarter. The Manufacturers Life Insurance Company now owns 336,000 shares of the company’s stock valued at $12,796,000 after acquiring an additional 20,000 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of John Hancock International High Dividend ETF during the fourth quarter valued at approximately $259,000.

John Hancock International High Dividend ETF Trading Up 0.6%

Shares of John Hancock International High Dividend ETF stock opened at $42.81 on Friday. John Hancock International High Dividend ETF has a 12 month low of $33.56 and a 12 month high of $44.19. The firm has a market capitalization of $11.13 million, a P/E ratio of 10.89 and a beta of 0.61. The business has a fifty day simple moving average of $42.73 and a two-hundred day simple moving average of $41.67.

About John Hancock International High Dividend ETF

The John Hancock International High Dividend ETF (JHID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund of high dividend-paying stocks from developed markets outside the US. The fund selects and weights large- and mid-cap companies based on a proprietary systematic approach. JHID was launched on Dec 20, 2022 and is managed by John Hancock.