John Hancock International High Dividend ETF (NYSEARCA:JHID) Short Interest Up 230.5% in January

John Hancock International High Dividend ETF (NYSEARCA:JHID) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 9,095 shares, a growth of 230.5% from the December 31st total of 2,752 shares. Based on an average daily trading volume, of 2,416 shares, the days-to-cover ratio is currently 3.8 days. Currently, 3.2% of the shares of the stock are short sold. Currently, 3.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,416 shares, the days-to-cover ratio is currently 3.8 days.

John Hancock International High Dividend ETF Stock Down 0.7%

John Hancock International High Dividend ETF stock traded down $0.27 during midday trading on Wednesday, hitting $40.69. The company’s stock had a trading volume of 3,096 shares, compared to its average volume of 1,566. John Hancock International High Dividend ETF has a 12 month low of $27.57 and a 12 month high of $40.96. The company has a market capitalization of $11.39 million, a PE ratio of 10.89 and a beta of 0.69. The stock’s 50-day moving average price is $38.17 and its 200-day moving average price is $36.36.

Institutional Investors Weigh In On John Hancock International High Dividend ETF

A hedge fund recently raised its stake in John Hancock International High Dividend ETF stock. WealthPlan Investment Management LLC increased its position in John Hancock International High Dividend ETF (NYSEARCA:JHID) by 38.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 64,661 shares of the company’s stock after purchasing an additional 17,819 shares during the period. WealthPlan Investment Management LLC owned about 23.95% of John Hancock International High Dividend ETF worth $2,179,000 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.