John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV – Get Free Report) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 508 shares, a growth of 59.2% from the May 14th total of 319 shares. Based on an average daily volume of 285 shares, the short-interest ratio is currently 1.8 days. Approximately 0.2% of the shares of the stock are sold short.
Institutional Inflows and Outflows
An institutional investor recently raised its position in John Hancock U.S. High Dividend ETF stock. Royal Bank of Canada boosted its holdings in shares of John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV – Free Report) by 2,760.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,953 shares of the company’s stock after purchasing an additional 8,640 shares during the period. Royal Bank of Canada owned 3.89% of John Hancock U.S. High Dividend ETF worth $359,000 as of its most recent SEC filing.
John Hancock U.S. High Dividend ETF Stock Down 0.7%
Shares of JHDV traded down $0.31 during mid-day trading on Wednesday, reaching $47.15. 204 shares of the company’s stock were exchanged, compared to its average volume of 418. The company has a market cap of $10.84 million, a price-to-earnings ratio of 19.09 and a beta of 0.98. John Hancock U.S. High Dividend ETF has a 52-week low of $36.32 and a 52-week high of $47.55. The company has a 50-day simple moving average of $44.79 and a two-hundred day simple moving average of $42.25.
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.
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