John Hancock Hedged Equity ETF (NYSEARCA:JHDG) Sees Significant Drop in Short Interest

John Hancock Hedged Equity ETF (NYSEARCA:JHDG) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 1,064 shares, a decrease of 59.5% from the August 15th total of 2,626 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 3,056 shares, the days-to-cover ratio is currently 0.3 days.

John Hancock Hedged Equity ETF Stock Performance

Shares of NYSEARCA JHDG opened at $27.93 on Friday. John Hancock Hedged Equity ETF has a 52 week low of $25.62 and a 52 week high of $28.81. The stock has a market capitalization of $108.37 million, a P/E ratio of -144,715.03 and a beta of 1.02. The stock’s fifty day moving average is $27.88 and its 200 day moving average is $26.96.

John Hancock Hedged Equity ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 26th were paid a dividend of $0.0281 per share. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, June 26th. John Hancock Hedged Equity ETF’s dividend payout ratio is presently -10,362.69%.