John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Short Interest Update

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 76,878 shares, an increase of 203.3% from the June 30th total of 25,345 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average trading volume of 46,870 shares, the short-interest ratio is presently 1.6 days.

John Hancock Mortgage-Backed Securities ETF Stock Up 0.2%

JHMB stock traded up $0.05 during midday trading on Tuesday, hitting $21.80. The stock had a trading volume of 14,928 shares, compared to its average volume of 47,675. The company’s 50-day moving average price is $21.88 and its 200 day moving average price is $22.08. John Hancock Mortgage-Backed Securities ETF has a 12-month low of $21.59 and a 12-month high of $22.60.

Hedge Funds Weigh In On John Hancock Mortgage-Backed Securities ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its position in shares of John Hancock Mortgage-Backed Securities ETF by 1,917.1% during the first quarter. NewEdge Advisors LLC now owns 39,475 shares of the company’s stock worth $864,000 after purchasing an additional 37,518 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of John Hancock Mortgage-Backed Securities ETF in the first quarter worth $306,000. Jane Street Group LLC acquired a new position in shares of John Hancock Mortgage-Backed Securities ETF during the first quarter valued at approximately $865,000. JPMorgan Chase & Co. grew its holdings in John Hancock Mortgage-Backed Securities ETF by 608.8% during the second quarter. JPMorgan Chase & Co. now owns 34,420 shares of the company’s stock worth $753,000 after acquiring an additional 29,564 shares during the period. Finally, Great Valley Advisor Group Inc. bought a new position in shares of John Hancock Mortgage-Backed Securities ETF in the second quarter valued at $2,922,000.

About John Hancock Mortgage-Backed Securities ETF

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.