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

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

Institutional Trading of John Hancock International High Dividend ETF

Large investors have recently modified their holdings of the company. Royal Bank of Canada grew its holdings in shares of John Hancock International High Dividend ETF by 73.6% in the fourth 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 position in John Hancock International High Dividend ETF in the fourth quarter valued at about $259,000. Valmark Advisers Inc. boosted its position in John Hancock International High Dividend ETF by 140.6% in the third quarter. Valmark Advisers Inc. now owns 15,683 shares of the company’s stock worth $561,000 after purchasing an additional 9,165 shares during the last quarter. WealthPlan Investment Management LLC grew its stake 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 valued at $2,442,000 after purchasing an additional 3,622 shares during the period. Finally, The Manufacturers Life Insurance Company increased its position in shares of John Hancock International High Dividend ETF by 6.3% during the 4th quarter. The Manufacturers Life Insurance Company now owns 336,000 shares of the company’s stock valued at $12,796,000 after purchasing an additional 20,000 shares during the last quarter.

John Hancock International High Dividend ETF Stock Performance

Shares of JHID stock opened at $39.31 on Monday. John Hancock International High Dividend ETF has a 12-month low of $27.57 and a 12-month high of $44.19. The stock has a market capitalization of $11.01 million, a P/E ratio of 10.89 and a beta of 0.69. The firm’s 50 day moving average is $40.91 and its 200 day moving average is $38.28.

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.