John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Short Interest Down 47.3% in July

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 18,256 shares, a decrease of 47.3% from the July 15th total of 34,650 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 68,827 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of John Hancock Multifactor Developed International ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in shares of John Hancock Multifactor Developed International ETF by 53.8% during the 2nd quarter. Bank of America Corp DE now owns 723,022 shares of the company’s stock worth $27,670,000 after acquiring an additional 252,988 shares during the period. Jane Street Group LLC bought a new position in John Hancock Multifactor Developed International ETF in the 4th quarter valued at $8,306,000. Raymond James Financial Inc. grew its position in John Hancock Multifactor Developed International ETF by 14.5% during the second quarter. Raymond James Financial Inc. now owns 811,692 shares of the company’s stock worth $31,063,000 after buying an additional 102,550 shares in the last quarter. LPL Financial LLC grew its holdings in shares of John Hancock Multifactor Developed International ETF by 11.3% during the fourth quarter. LPL Financial LLC now owns 998,364 shares of the company’s stock worth $41,462,000 after purchasing an additional 101,631 shares in the last quarter. Finally, Simplicity Wealth LLC increased its holdings in shares of John Hancock Multifactor Developed International ETF by 31.7% in the 1st quarter. Simplicity Wealth LLC now owns 316,683 shares of the company’s stock worth $13,418,000 after buying an additional 76,140 shares during the last quarter.

John Hancock Multifactor Developed International ETF Price Performance

Shares of John Hancock Multifactor Developed International ETF stock traded down $0.02 during trading hours on Friday, hitting $46.55. 60,562 shares of the company’s stock traded hands, compared to its average volume of 123,920. The stock has a market capitalization of $986.86 million, a price-to-earnings ratio of 14.46 and a beta of 0.74. John Hancock Multifactor Developed International ETF has a 12-month low of $38.68 and a 12-month high of $46.80. The company has a fifty day simple moving average of $45.09 and a 200-day simple moving average of $44.44.

About John Hancock Multifactor Developed International ETF

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.