Short Interest in John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) Declines By 84.7%

John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 40,564 shares, a decrease of 84.7% from the January 15th total of 264,561 shares. Based on an average daily volume of 74,014 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 74,014 shares, the days-to-cover ratio is presently 0.5 days.

John Hancock Multifactor Emerging Markets ETF Trading Up 0.2%

JHEM stock traded up $0.08 during midday trading on Tuesday, reaching $36.12. The stock had a trading volume of 12,793 shares, compared to its average volume of 90,618. John Hancock Multifactor Emerging Markets ETF has a 52-week low of $23.47 and a 52-week high of $36.15. The company’s fifty day simple moving average is $33.88 and its 200 day simple moving average is $32.28. The company has a market cap of $707.95 million, a price-to-earnings ratio of 13.85 and a beta of 0.65.

Institutional Trading of John Hancock Multifactor Emerging Markets ETF

Large investors have recently bought and sold shares of the business. Jane Street Group LLC lifted its stake in John Hancock Multifactor Emerging Markets ETF by 435.3% in the 1st quarter. Jane Street Group LLC now owns 302,931 shares of the company’s stock worth $8,076,000 after purchasing an additional 246,336 shares in the last quarter. Susquehanna International Group LLP lifted its position in John Hancock Multifactor Emerging Markets ETF by 162.1% during the third quarter. Susquehanna International Group LLP now owns 105,844 shares of the company’s stock worth $3,350,000 after buying an additional 65,458 shares in the last quarter. Brueske Advisory Services LLC lifted its position in John Hancock Multifactor Emerging Markets ETF by 8.0% during the third quarter. Brueske Advisory Services LLC now owns 532,856 shares of the company’s stock worth $16,868,000 after buying an additional 39,298 shares in the last quarter. Simplicity Wealth LLC boosted its stake in John Hancock Multifactor Emerging Markets ETF by 42.6% during the fourth quarter. Simplicity Wealth LLC now owns 124,001 shares of the company’s stock worth $4,080,000 after buying an additional 37,058 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in John Hancock Multifactor Emerging Markets ETF by 18.6% in the 2nd quarter. Bank of America Corp DE now owns 221,287 shares of the company’s stock valued at $6,459,000 after buying an additional 34,629 shares in the last quarter.

John Hancock Multifactor Emerging Markets ETF Company Profile

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.