John Hancock Dynamic Municipal Bond ETF (NYSEARCA:JHMU) Short Interest Up 28.3% in December

John Hancock Dynamic Municipal Bond ETF (NYSEARCA:JHMU) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 12,689 shares, an increase of 28.3% from the November 30th total of 9,890 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily volume of 12,230 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 12,230 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.0% of the shares of the company are short sold.

John Hancock Dynamic Municipal Bond ETF Stock Up 0.0%

NYSEARCA:JHMU opened at $26.16 on Friday. The company has a market capitalization of $34.01 million, a PE ratio of 15.71 and a beta of 0.22. John Hancock Dynamic Municipal Bond ETF has a 52-week low of $24.68 and a 52-week high of $26.41. The stock’s 50 day moving average price is $26.20 and its 200 day moving average price is $25.88.

Hedge Funds Weigh In On John Hancock Dynamic Municipal Bond ETF

A number of institutional investors have recently modified their holdings of the business. Jane Street Group LLC raised its position in John Hancock Dynamic Municipal Bond ETF by 90.9% in the 1st quarter. Jane Street Group LLC now owns 53,240 shares of the company’s stock valued at $1,371,000 after purchasing an additional 25,356 shares during the last quarter. Landmark Wealth Management LLC purchased a new position in John Hancock Dynamic Municipal Bond ETF during the 2nd quarter worth $570,000. Envestnet Asset Management Inc. increased its stake in John Hancock Dynamic Municipal Bond ETF by 9.2% in the second quarter. Envestnet Asset Management Inc. now owns 52,284 shares of the company’s stock valued at $1,336,000 after purchasing an additional 4,400 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in John Hancock Dynamic Municipal Bond ETF in the third quarter valued at $329,000. Finally, Citadel Advisors LLC purchased a new stake in shares of John Hancock Dynamic Municipal Bond ETF in the third quarter valued at about $237,000.

John Hancock Dynamic Municipal Bond ETF Company Profile

The John Hancock Dynamic Municipal Bond ETF (JHMU) is an exchange-traded fund that is based on the John Hancock Dimensional Utilities index. The fund is an actively managed fund that primarily invests in investment grade municipal bonds of any maturity. The fund seeks to provide tax-exempt income. JHMU was launched on Oct 31, 2023 and is issued by John Hancock.