John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV – Get Free Report) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 508 shares, an increase of 59.2% from the May 14th total of 319 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 285 shares, the short-interest ratio is currently 1.8 days.
John Hancock U.S. High Dividend ETF Price Performance
Shares of John Hancock U.S. High Dividend ETF stock remained flat at $47.46 during trading on Tuesday. The stock had a trading volume of 30 shares, compared to its average volume of 421. The company has a market cap of $10.92 million, a P/E ratio of 19.09 and a beta of 0.98. The business’s 50 day simple moving average is $44.66 and its two-hundred day simple moving average is $42.20. John Hancock U.S. High Dividend ETF has a 12 month low of $36.32 and a 12 month high of $47.55.
Institutional Investors Weigh In On John Hancock U.S. High Dividend ETF
A hedge fund recently raised its stake in John Hancock U.S. High Dividend ETF stock. Royal Bank of Canada grew its position in shares of John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV – Free Report) by 2,760.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,953 shares of the company’s stock after acquiring an additional 8,640 shares during the quarter. Royal Bank of Canada owned 3.89% of John Hancock U.S. High Dividend ETF worth $359,000 at the end of the most recent reporting period.
John Hancock U.S. High Dividend ETF Company Profile
The John Hancock U.S. High Dividend ETF (JHDV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of high dividend-paying or high dividend growth stocks. Selection and weighting are based on a proprietary systematic approach of US large- and mid-cap companies. JHDV was launched on Sep 27, 2022 and is managed by John Hancock.
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