John Hancock Hedged Equity ETF (NYSEARCA:JHDG) Sees Large Decrease in Short Interest

by · The Markets Daily

John Hancock Hedged Equity ETF (NYSEARCA:JHDG – Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,064 shares, a drop of 59.5% from the August 15th total of 2,626 shares. Based on an average daily volume of 3,056 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

John Hancock Hedged Equity ETF Stock Performance

John Hancock Hedged Equity ETF stock traded down $0.18 during trading hours on Monday, hitting $27.75. 65 shares of the stock were exchanged, compared to its average volume of 24,778. The stock has a market capitalization of $107.67 million, a P/E ratio of -143,782.38 and a beta of 1.02. John Hancock Hedged Equity ETF has a 12 month low of $25.62 and a 12 month high of $28.81. The business’s 50-day moving average is $27.88 and its two-hundred day moving average is $26.97.

John Hancock Hedged Equity ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were issued a $0.0281 dividend. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, June 26th. John Hancock Hedged Equity ETF’s payout ratio is presently -10,362.69%.

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