John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV) Shares Shorted: Short Interest Down 67.6% in September

John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 23 shares, a drop of 67.6% from the September 15th total of 71 shares. Based on an average daily volume of 3,785 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On John Hancock U.S. High Dividend ETF

An institutional investor recently raised its position in John Hancock U.S. High Dividend ETF stock. Royal Bank of Canada lifted its stake in shares of John Hancock U.S. High Dividend ETF (NYSEARCA:JHDV) by 2,760.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,953 shares of the company’s stock after acquiring an additional 8,640 shares during the quarter. Royal Bank of Canada owned approximately 3.89% of John Hancock U.S. High Dividend ETF worth $359,000 at the end of the most recent reporting period.

John Hancock U.S. High Dividend ETF Trading Down 0.3%

Shares of JHDV traded down $0.14 during trading hours on Monday, reaching $46.13. 16 shares of the company traded hands, compared to its average volume of 638. The firm has a market cap of $12.92 million, a price-to-earnings ratio of 19.09 and a beta of 0.98. John Hancock U.S. High Dividend ETF has a 12-month low of $38.46 and a 12-month high of $48.29. The stock’s fifty day moving average price is $47.06 and its 200 day moving average price is $45.73.

John Hancock U.S. High Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a dividend of $0.2829 per share. This represents a $1.13 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Monday, September 28th. This is a positive change from John Hancock U.S. High Dividend ETF’s previous quarterly dividend of $0.2553.

About John Hancock U.S. High Dividend ETF

The John Hancock U.S. High Dividend ETF (JHDV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of high dividend-paying or high dividend growth stocks. Selection and weighting are based on a proprietary systematic approach of US large- and mid-cap companies. JHDV was launched on Sep 27, 2022 and is managed by John Hancock.