John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Short Interest Up 210.4% in August

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 56,660 shares, an increase of 210.4% from the July 30th total of 18,256 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 97,372 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On John Hancock Multifactor Developed International ETF

Several hedge funds have recently made changes to their positions in the company. LPL Financial LLC boosted its stake in John Hancock Multifactor Developed International ETF by 11.3% in the 4th quarter. LPL Financial LLC now owns 998,364 shares of the company’s stock worth $41,462,000 after purchasing an additional 101,631 shares during the period. Bank of America Corp DE raised its stake in John Hancock Multifactor Developed International ETF by 21.5% during the 3rd quarter. Bank of America Corp DE now owns 878,717 shares of the company’s stock valued at $35,131,000 after purchasing an additional 155,695 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of John Hancock Multifactor Developed International ETF by 3.5% in the third quarter. Raymond James Financial Inc. now owns 839,721 shares of the company’s stock valued at $33,572,000 after purchasing an additional 28,029 shares in the last quarter. Simplicity Wealth LLC lifted its holdings in shares of John Hancock Multifactor Developed International ETF by 31.7% in the first quarter. Simplicity Wealth LLC now owns 316,683 shares of the company’s stock valued at $13,418,000 after purchasing an additional 76,140 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of John Hancock Multifactor Developed International ETF by 2.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 314,979 shares of the company’s stock valued at $13,083,000 after purchasing an additional 8,274 shares in the last quarter.

John Hancock Multifactor Developed International ETF Trading Down 0.4%

JHMD stock traded down $0.20 during mid-day trading on Thursday, reaching $46.30. 59,176 shares of the stock traded hands, compared to its average volume of 121,367. John Hancock Multifactor Developed International ETF has a 52-week low of $38.68 and a 52-week high of $46.80. The stock’s fifty day moving average is $45.33 and its 200-day moving average is $44.58. The company has a market cap of $981.56 million, a P/E ratio of 14.46 and a beta of 0.74.

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.