John Hancock International High Dividend ETF (NYSEARCA:JHID – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 3,735 shares, a decrease of 40.3% from the May 14th total of 6,258 shares. Based on an average trading volume of 769 shares, the days-to-cover ratio is currently 4.9 days. Approximately 1.3% of the company’s stock are sold short.
John Hancock International High Dividend ETF Price Performance
NYSEARCA:JHID traded up $0.14 during trading hours on Monday, reaching $43.57. 2,090 shares of the stock were exchanged, compared to its average volume of 867. John Hancock International High Dividend ETF has a twelve month low of $33.18 and a twelve month high of $44.19. The firm has a 50 day moving average of $42.54 and a 200 day moving average of $40.69. The stock has a market cap of $12.20 million, a PE ratio of 10.89 and a beta of 0.60.
Hedge Funds Weigh In On John Hancock International High Dividend ETF
A number of large investors have recently bought and sold shares of JHID. The Manufacturers Life Insurance Company boosted its position in John Hancock International High Dividend ETF by 6.3% during the 4th quarter. The Manufacturers Life Insurance Company now owns 336,000 shares of the company’s stock worth $12,796,000 after acquiring an additional 20,000 shares during the last quarter. Jane Street Group LLC acquired a new position in John Hancock International High Dividend ETF during the 4th quarter worth approximately $259,000. Valmark Advisers Inc. boosted its position in John Hancock International High Dividend ETF by 21.6% during the 4th quarter. Valmark Advisers Inc. now owns 19,068 shares of the company’s stock worth $726,000 after acquiring an additional 3,385 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in John Hancock International High Dividend ETF by 73.6% during the 4th quarter. Royal Bank of Canada now owns 5,335 shares of the company’s stock worth $203,000 after acquiring an additional 2,262 shares during the last quarter.
John Hancock International High Dividend ETF Company Profile
The John Hancock International High Dividend ETF (JHID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund of high dividend-paying stocks from developed markets outside the US. The fund selects and weights large- and mid-cap companies based on a proprietary systematic approach. JHID was launched on Dec 20, 2022 and is managed by John Hancock.
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