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

John Hancock International High Dividend ETF (NYSEARCA:JHID) was the recipient of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 3,755 shares, a decline of 20.4% from the February 26th total of 4,720 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 744 shares, the short-interest ratio is presently 5.0 days.

John Hancock International High Dividend ETF Price Performance

Shares of NYSEARCA:JHID remained flat at $39.48 on Tuesday. 10,146 shares of the company’s stock were exchanged, compared to its average volume of 1,329. John Hancock International High Dividend ETF has a 1 year low of $27.57 and a 1 year high of $44.19. The company’s fifty day moving average price is $40.91 and its two-hundred day moving average price is $38.31. The firm has a market cap of $11.05 million, a P/E ratio of 10.89 and a beta of 0.69.

Institutional Investors Weigh In On John Hancock International High Dividend ETF

A number of large investors have recently added to or reduced their stakes in JHID. Royal Bank of Canada increased its stake in John Hancock International High Dividend ETF by 73.6% during the 4th quarter. Royal Bank of Canada now owns 5,335 shares of the company’s stock worth $203,000 after acquiring an additional 2,262 shares during the period. Jane Street Group LLC bought a new stake in shares of John Hancock International High Dividend ETF during the 4th quarter valued at $259,000. Valmark Advisers Inc. grew its holdings in shares of John Hancock International High Dividend ETF by 140.6% during the 3rd quarter. Valmark Advisers Inc. now owns 15,683 shares of the company’s stock worth $561,000 after purchasing an additional 9,165 shares in the last quarter. WealthPlan Investment Management LLC grew its holdings in shares of John Hancock International High Dividend ETF by 5.6% during the 3rd quarter. WealthPlan Investment Management LLC now owns 68,283 shares of the company’s stock worth $2,442,000 after purchasing an additional 3,622 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of John Hancock International High Dividend ETF by 6.3% in the fourth quarter. The Manufacturers Life Insurance Company now owns 336,000 shares of the company’s stock worth $12,796,000 after purchasing an additional 20,000 shares during the period.

John Hancock International High Dividend ETF Company Profile

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.