John Hancock Disciplined Value International Select ETF (NYSEARCA:JDVI) Stock Short Interest Falls 63.0%

John Hancock Disciplined Value International Select ETF (NYSEARCA:JDVI) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 28,193 shares, a drop of 63.0% from the September 30th total of 76,177 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 89,656 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Arete Wealth Advisors LLC acquired a new position in shares of John Hancock Disciplined Value International Select ETF in the 1st quarter worth approximately $2,029,000. Bill Few Associates Inc. grew its position in shares of John Hancock Disciplined Value International Select ETF by 93.9% in the second quarter. Bill Few Associates Inc. now owns 76,297 shares of the company’s stock valued at $2,943,000 after purchasing an additional 36,948 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of John Hancock Disciplined Value International Select ETF by 91.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 224,673 shares of the company’s stock valued at $8,117,000 after acquiring an additional 107,514 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of John Hancock Disciplined Value International Select ETF during the 2nd quarter worth $11,014,000. Finally, The Manufacturers Life Insurance Company raised its position in John Hancock Disciplined Value International Select ETF by 1,361.9% in the second quarter. The Manufacturers Life Insurance Company now owns 16,767,642 shares of the company’s stock valued at $646,760,000 after purchasing an additional 15,620,671 shares during the last quarter.

John Hancock Disciplined Value International Select ETF Stock Performance

Shares of NYSEARCA JDVI traded up $0.07 during midday trading on Thursday, hitting $39.45. The company’s stock had a trading volume of 3,715 shares, compared to its average volume of 41,479. The firm has a market cap of $818.57 million, a P/E ratio of 14.69 and a beta of 0.54. John Hancock Disciplined Value International Select ETF has a 1-year low of $33.28 and a 1-year high of $42.61. The firm’s fifty day moving average price is $40.41 and its 200-day moving average price is $38.82.

About John Hancock Disciplined Value International Select ETF

The John Hancock Disciplined Value International Select ETF (JDVI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to undervalued large- and mid-cap equities issued outside the US. JDVI was launched on Dec 19, 2023 and is issued by John Hancock.