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

John Hancock International High Dividend ETF (NYSEARCA:JHID) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 2,752 shares, a growth of 21.9% from the December 15th total of 2,258 shares. Based on an average daily trading volume, of 1,402 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.0% of the shares of the stock are sold short. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,402 shares, the days-to-cover ratio is presently 2.0 days.

John Hancock International High Dividend ETF Stock Performance

Shares of NYSEARCA:JHID opened at $39.51 on Tuesday. The firm has a market cap of $11.06 million, a price-to-earnings ratio of 10.89 and a beta of 0.69. The firm has a fifty day moving average price of $37.79 and a 200 day moving average price of $36.10. John Hancock International High Dividend ETF has a fifty-two week low of $27.57 and a fifty-two week high of $39.51.

Institutional Inflows and Outflows

An institutional investor recently raised its position in John Hancock International High Dividend ETF stock. Valmark Advisers Inc. lifted its position in John Hancock International High Dividend ETF (NYSEARCA:JHID) by 140.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,683 shares of the company’s stock after purchasing an additional 9,165 shares during the quarter. Valmark Advisers Inc. owned about 5.81% of John Hancock International High Dividend ETF worth $561,000 at the end of the most recent reporting period.

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.