John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Significant Decrease in Short Interest

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 35,304 shares, a decrease of 43.1% from the April 30th total of 62,072 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 162,374 shares, the short-interest ratio is presently 0.2 days.

John Hancock Multifactor Developed International ETF Price Performance

John Hancock Multifactor Developed International ETF stock traded up $0.13 during trading hours on Tuesday, hitting $45.03. The stock had a trading volume of 56,479 shares, compared to its average volume of 144,503. The stock has a market capitalization of $941.13 million, a price-to-earnings ratio of 14.46 and a beta of 0.75. John Hancock Multifactor Developed International ETF has a 1-year low of $37.36 and a 1-year high of $46.03. The stock’s fifty day moving average is $43.99 and its two-hundred day moving average is $43.11.

Institutional Trading of John Hancock Multifactor Developed International ETF

Several large investors have recently bought and sold shares of the company. LPL Financial LLC grew its holdings in John Hancock Multifactor Developed International ETF by 11.3% in the fourth quarter. LPL Financial LLC now owns 998,364 shares of the company’s stock valued at $41,462,000 after purchasing an additional 101,631 shares during the last quarter. Bank of America Corp DE lifted its position in shares of John Hancock Multifactor Developed International ETF by 21.5% in the third quarter. Bank of America Corp DE now owns 878,717 shares of the company’s stock valued at $35,131,000 after acquiring an additional 155,695 shares in the last quarter. Raymond James Financial Inc. lifted its position 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 acquiring an additional 28,029 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of John Hancock Multifactor Developed International ETF by 0.7% in the third quarter. Envestnet Asset Management Inc. now owns 559,219 shares of the company’s stock valued at $22,358,000 after acquiring an additional 4,020 shares in the last quarter. Finally, Magnus Financial Group LLC lifted its position in shares of John Hancock Multifactor Developed International ETF by 0.8% in the fourth quarter. Magnus Financial Group LLC now owns 325,182 shares of the company’s stock valued at $13,505,000 after acquiring an additional 2,733 shares in the last quarter.

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.