John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV) Sees Large Decrease in Short Interest

John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 182 shares, a decrease of 82.7% from the March 31st total of 1,055 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 84 shares, the days-to-cover ratio is currently 2.2 days.

John Hancock U.S. High Dividend ETF Stock Performance

Shares of John Hancock U.S. High Dividend ETF stock traded down $0.09 on Friday, reaching $43.63. 589 shares of the company were exchanged, compared to its average volume of 158. The company’s 50-day moving average is $41.62 and its two-hundred day moving average is $40.73. The firm has a market cap of $10.03 million, a price-to-earnings ratio of 19.09 and a beta of 0.98. John Hancock U.S. High Dividend ETF has a 1-year low of $32.95 and a 1-year high of $43.83.

John Hancock U.S. High Dividend ETF Company Profile

The John Hancock U.S. High Dividend ETF (JHDV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of high dividend-paying or high dividend growth stocks. Selection and weighting are based on a proprietary systematic approach of US large- and mid-cap companies. JHDV was launched on Sep 27, 2022 and is managed by John Hancock.