John Hancock International High Dividend ETF (NYSEARCA:JHID) Sees Large Increase in Short Interest

John Hancock International High Dividend ETF (NYSEARCA:JHID) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 2,752 shares, an increase of 21.9% from the December 15th total of 2,258 shares. Based on an average trading volume of 1,402 shares, the short-interest ratio is currently 2.0 days. Currently, 1.0% of the company’s shares are sold short. Currently, 1.0% of the company’s shares are sold short. Based on an average trading volume of 1,402 shares, the short-interest ratio is currently 2.0 days.

Hedge Funds Weigh In On John Hancock International High Dividend ETF

A hedge fund recently raised its stake in John Hancock International High Dividend ETF stock. WealthPlan Investment Management LLC lifted its stake in shares of John Hancock International High Dividend ETF (NYSEARCA:JHID) by 5.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 68,283 shares of the company’s stock after buying an additional 3,622 shares during the quarter. WealthPlan Investment Management LLC owned about 25.29% of John Hancock International High Dividend ETF worth $2,442,000 as of its most recent filing with the Securities & Exchange Commission.

John Hancock International High Dividend ETF Price Performance

Shares of NYSEARCA:JHID opened at $39.12 on Wednesday. John Hancock International High Dividend ETF has a 1 year low of $27.57 and a 1 year high of $39.51. The business’s 50-day moving average is $37.84 and its 200-day moving average is $36.13. The company has a market capitalization of $10.95 million, a price-to-earnings ratio of 10.89 and a beta of 0.69.

About John Hancock International High Dividend ETF

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.