John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Short Interest Update

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 77,054 shares, an increase of 118.3% from the May 14th total of 35,304 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 132,871 shares, the short-interest ratio is currently 0.6 days.

John Hancock Multifactor Developed International ETF Trading Up 0.4%

JHMD stock opened at $45.22 on Friday. The company has a market cap of $945.10 million, a P/E ratio of 14.46 and a beta of 0.74. John Hancock Multifactor Developed International ETF has a 52 week low of $37.36 and a 52 week high of $46.03. The company’s 50-day moving average price is $44.52 and its 200 day moving average price is $43.37.

Hedge Funds Weigh In On John Hancock Multifactor Developed International ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP purchased a new stake in shares of John Hancock Multifactor Developed International ETF in the third quarter valued at about $39,000. Assetmark Inc. lifted its holdings in shares of John Hancock Multifactor Developed International ETF by 866.7% in 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 raised its position in shares of John Hancock Multifactor Developed International ETF by 15.1% during the 4th quarter. Comerica Bank now owns 3,137 shares of the company’s stock worth $130,000 after purchasing an additional 411 shares during the last quarter. Western Wealth Management LLC acquired a new position in shares of John Hancock Multifactor Developed International ETF during the 1st quarter worth approximately $157,000. Finally, CLG LLC acquired a new position in shares of John Hancock Multifactor Developed International ETF during the 2nd quarter worth approximately $203,000.

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.