John Hancock Corporate Bond ETF (NYSEARCA:JHCB) Short Interest Down 43.9% in December

John Hancock Corporate Bond ETF (NYSEARCA:JHCB) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 13,283 shares, a decline of 43.9% from the December 15th total of 23,675 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 39,708 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 39,708 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On John Hancock Corporate Bond ETF

Several hedge funds have recently bought and sold shares of the stock. Granite Bay Wealth Management LLC increased its holdings in shares of John Hancock Corporate Bond ETF by 12.8% during the 3rd quarter. Granite Bay Wealth Management LLC now owns 1,512,592 shares of the company’s stock valued at $32,853,000 after purchasing an additional 171,565 shares in the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in John Hancock Corporate Bond ETF during the second quarter worth $624,000. ORG Partners LLC acquired a new stake in John Hancock Corporate Bond ETF during the second quarter valued at $100,000. Legacy CG LLC purchased a new position in John Hancock Corporate Bond ETF in the third quarter valued at $8,709,000. Finally, Robbins Farley acquired a new position in shares of John Hancock Corporate Bond ETF in the second quarter worth about $101,000.

John Hancock Corporate Bond ETF Stock Performance

Shares of JHCB stock traded down $0.02 on Thursday, hitting $21.60. The company had a trading volume of 11,848 shares, compared to its average volume of 14,745. John Hancock Corporate Bond ETF has a twelve month low of $20.38 and a twelve month high of $22.03. The company has a 50-day moving average price of $21.65 and a 200-day moving average price of $21.63.

About John Hancock Corporate Bond ETF

The John Hancock Corporate Bond ETF (JHCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is actively managed to focus on investment-grade corporate bonds, of any maturity, that are perceived as undervalued. JHCB was launched on Mar 30, 2021 and is managed by John Hancock.