John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Short Interest Down 32.7% in August

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 5,652 shares, a decrease of 32.7% from the July 30th total of 8,393 shares. Based on an average daily trading volume, of 22,757 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

John Hancock Mortgage-Backed Securities ETF Stock Performance

JHMB stock opened at $21.49 on Wednesday. The business has a 50-day moving average price of $21.76 and a 200 day moving average price of $21.97. John Hancock Mortgage-Backed Securities ETF has a 1-year low of $21.48 and a 1-year high of $22.60.

Institutional Investors Weigh In On John Hancock Mortgage-Backed Securities ETF

Several large investors have recently modified their holdings of the business. Steward Partners Investment Advisory LLC lifted its position in shares of John Hancock Mortgage-Backed Securities ETF by 15.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 13,415 shares of the company’s stock worth $297,000 after purchasing an additional 1,819 shares during the period. Cadence Wealth Management LLC increased its holdings in John Hancock Mortgage-Backed Securities ETF by 14.5% during the first quarter. Cadence Wealth Management LLC now owns 14,529 shares of the company’s stock valued at $320,000 after buying an additional 1,845 shares during the period. Triumph Capital Management bought a new position in John Hancock Mortgage-Backed Securities ETF in the third quarter worth approximately $44,000. Great Valley Advisor Group Inc. raised its stake in John Hancock Mortgage-Backed Securities ETF by 1.8% in the fourth quarter. Great Valley Advisor Group Inc. now owns 135,726 shares of the company’s stock worth $3,008,000 after buying an additional 2,437 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in John Hancock Mortgage-Backed Securities ETF by 68.2% during the fourth quarter. Osaic Holdings Inc. now owns 17,612 shares of the company’s stock worth $390,000 after buying an additional 7,142 shares during the period.

About John Hancock Mortgage-Backed Securities ETF

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.