John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Short Interest Up 118.3% in May

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 77,054 shares, an increase of 118.3% from the May 14th total of 35,304 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 132,871 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of JHMD. Jane Street Group LLC increased its holdings in shares of John Hancock Multifactor Developed International ETF by 49.2% in the first quarter. Jane Street Group LLC now owns 144,236 shares of the company’s stock worth $5,041,000 after buying an additional 47,538 shares during the period. Cetera Investment Advisers increased its holdings in shares of John Hancock Multifactor Developed International ETF by 14.2% in the second quarter. Cetera Investment Advisers now owns 17,113 shares of the company’s stock worth $655,000 after buying an additional 2,133 shares during the period. Raymond James Financial Inc. increased its holdings in shares of John Hancock Multifactor Developed International ETF by 14.5% in the second quarter. Raymond James Financial Inc. now owns 811,692 shares of the company’s stock worth $31,063,000 after buying an additional 102,550 shares during the period. CLG LLC purchased a new position in shares of John Hancock Multifactor Developed International ETF in the second quarter worth about $203,000. Finally, Bank of America Corp DE increased its holdings in shares of John Hancock Multifactor Developed International ETF by 53.8% in the second quarter. Bank of America Corp DE now owns 723,022 shares of the company’s stock worth $27,670,000 after buying an additional 252,988 shares during the period.

John Hancock Multifactor Developed International ETF Stock Performance

JHMD opened at $45.22 on Monday. The company has a market cap of $945.10 million, a P/E ratio of 14.46 and a beta of 0.74. The business’s 50-day moving average price is $44.52 and its 200-day moving average price is $43.39. John Hancock Multifactor Developed International ETF has a 12 month low of $37.36 and a 12 month high of $46.03.

John Hancock Multifactor Developed International ETF Company Profile

The John Hancock Multifactor Developed International ETF (JHMD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from developed markets ex-US and Canada, covering 85% of the market capitalization. Holdings are weighted based on fundamental and technical factors JHMD was launched on Dec 15, 2016 and is managed by John Hancock.