John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Short Interest Up 786.6% in December

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 122,024 shares, an increase of 786.6% from the December 15th total of 13,763 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 71,476 shares, the short-interest ratio is currently 1.7 days. Based on an average trading volume of 71,476 shares, the short-interest ratio is currently 1.7 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Allworth Financial LP purchased a new stake in John Hancock Multifactor Developed International ETF in the 3rd quarter worth approximately $39,000. Ameriflex Group Inc. raised its holdings in shares of John Hancock Multifactor Developed International ETF by 209.1% during the second quarter. Ameriflex Group Inc. now owns 3,375 shares of the company’s stock valued at $128,000 after acquiring an additional 2,283 shares in the last quarter. AE Wealth Management LLC bought a new position in shares of John Hancock Multifactor Developed International ETF during the third quarter valued at approximately $135,000. MONECO Advisors LLC purchased a new stake in John Hancock Multifactor Developed International ETF in the third quarter worth $207,000. Finally, CLG LLC purchased a new stake in John Hancock Multifactor Developed International ETF in the second quarter worth $203,000.

John Hancock Multifactor Developed International ETF Trading Up 0.6%

Shares of JHMD stock traded up $0.26 during mid-day trading on Monday, reaching $42.78. The stock had a trading volume of 77,127 shares, compared to its average volume of 254,161. The firm has a market capitalization of $1.04 billion, a PE ratio of 14.46 and a beta of 0.81. The stock’s 50-day moving average price is $41.17 and its two-hundred day moving average price is $40.00. John Hancock Multifactor Developed International ETF has a 52-week low of $30.98 and a 52-week high of $42.81.

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.