John Hancock High Yield ETF (NYSEARCA:JHHY) Short Interest Update
by Amy Steele · The Cerbat GemJohn Hancock High Yield ETF (NYSEARCA:JHHY – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 2,374 shares, a growth of 639.6% from the May 14th total of 321 shares. Based on an average daily volume of 51,233 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the company’s shares are sold short.
John Hancock High Yield ETF Trading Down 0.1%
Shares of JHHY traded down $0.03 during mid-day trading on Wednesday, reaching $25.55. The stock had a trading volume of 6,583 shares, compared to its average volume of 11,185. John Hancock High Yield ETF has a 52-week low of $25.04 and a 52-week high of $26.33. The business’s fifty day moving average is $25.64 and its 200 day moving average is $25.78.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Osaic Holdings Inc. acquired a new position in John Hancock High Yield ETF in the second quarter valued at about $88,000. CoreCap Advisors LLC lifted its position in John Hancock High Yield ETF by 35.8% in the fourth quarter. CoreCap Advisors LLC now owns 15,154 shares of the company’s stock valued at $391,000 after buying an additional 3,994 shares during the last quarter. Citadel Advisors LLC acquired a new position in John Hancock High Yield ETF in the third quarter valued at about $511,000. Jane Street Group LLC lifted its position in John Hancock High Yield ETF by 490.1% in the first quarter. Jane Street Group LLC now owns 53,826 shares of the company’s stock valued at $1,366,000 after buying an additional 44,704 shares during the last quarter. Finally, Simplicity Wealth LLC lifted its position in John Hancock High Yield ETF by 50.5% in the fourth quarter. Simplicity Wealth LLC now owns 54,140 shares of the company’s stock valued at $1,398,000 after buying an additional 18,169 shares during the last quarter.
About John Hancock High Yield ETF
The John Hancock High Yield ETF (JHHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a diversified portfolio of US dollar-denominated high-yield corporate bonds. The fund aims to maximize income with capital growth as a secondary objective JHHY was launched on May 1, 2024 and is issued by John Hancock.