John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Short Interest Up 194.0% in May

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 23,156 shares, an increase of 194.0% from the May 14th total of 7,876 shares. Based on an average daily trading volume, of 24,087 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.1% of the shares of the stock are short sold.

John Hancock Multifactor Emerging Markets ETF Stock Up 0.2%

Shares of John Hancock Multifactor Emerging Markets ETF stock traded up $0.08 during trading on Friday, reaching $40.40. The company’s stock had a trading volume of 16,180 shares, compared to its average volume of 101,284. John Hancock Multifactor Emerging Markets ETF has a 12-month low of $28.41 and a 12-month high of $42.12. The company has a market capitalization of $1.02 billion, a P/E ratio of 13.85 and a beta of 0.69. The business has a 50 day moving average price of $38.48 and a 200-day moving average price of $35.82.

Institutional Trading of John Hancock Multifactor Emerging Markets ETF

A number of institutional investors have recently modified their holdings of the business. Bank of America Corp DE boosted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 36.1% in the first quarter. Bank of America Corp DE now owns 302,848 shares of the company’s stock valued at $10,375,000 after buying an additional 80,299 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 18.3% in the first quarter. The Manufacturers Life Insurance Company now owns 19,040,181 shares of the company’s stock valued at $652,279,000 after buying an additional 2,947,062 shares in the last quarter. NewEdge Wealth LLC purchased a new stake in shares of John Hancock Multifactor Emerging Markets ETF in the first quarter valued at approximately $2,412,000. Simplicity Wealth LLC boosted its stake in shares of John Hancock Multifactor Emerging Markets ETF by 27.9% in the first quarter. Simplicity Wealth LLC now owns 158,586 shares of the company’s stock valued at $5,433,000 after buying an additional 34,585 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in John Hancock Multifactor Emerging Markets ETF by 135.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 31,995 shares of the company’s stock worth $1,053,000 after purchasing an additional 18,401 shares in the last quarter.

About John Hancock Multifactor Emerging Markets ETF

The John Hancock Multifactor Emerging Markets ETF (JHEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor weighted index of large- and mid-cap stocks from emerging markets. JHEM was launched on Sep 27, 2018 and is managed by John Hancock.