John Hancock High Yield ETF (NYSEARCA:JHHY) Short Interest Up 639.6% in May

John Hancock High Yield ETF (NYSEARCA:JHHY) was the recipient of a large growth in short interest in 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 trading volume, of 51,233 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On John Hancock High Yield ETF

Large investors have recently modified their holdings of the business. Osaic Holdings Inc. purchased a new stake in shares of John Hancock High Yield ETF during the second quarter worth $88,000. CoreCap Advisors LLC grew its holdings in shares of John Hancock High Yield ETF by 35.8% during the fourth quarter. CoreCap Advisors LLC now owns 15,154 shares of the company’s stock worth $391,000 after buying an additional 3,994 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of John Hancock High Yield ETF during the third quarter worth $511,000. Jane Street Group LLC grew its holdings in shares of John Hancock High Yield ETF by 490.1% during the first quarter. Jane Street Group LLC now owns 53,826 shares of the company’s stock worth $1,366,000 after buying an additional 44,704 shares in the last quarter. Finally, Simplicity Wealth LLC grew its holdings in shares of John Hancock High Yield ETF by 50.5% during the fourth quarter. Simplicity Wealth LLC now owns 54,140 shares of the company’s stock worth $1,398,000 after buying an additional 18,169 shares in the last quarter.

John Hancock High Yield ETF Price Performance

NYSEARCA JHHY traded down $0.03 on Wednesday, hitting $25.55. The company had a trading volume of 6,583 shares, compared to its average volume of 11,185. The company’s fifty day moving average price is $25.64 and its 200-day moving average price is $25.78. John Hancock High Yield ETF has a 12-month low of $25.04 and a 12-month high of $26.33.

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.