John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Sees Large Decline in Short Interest

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,719 shares, a decrease of 94.9% from the May 31st total of 73,395 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 23,773 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On John Hancock Core Plus Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Beam Wealth Advisors Inc. bought a new position in John Hancock Core Plus Bond ETF during the fourth quarter worth about $268,000. Jane Street Group LLC acquired a new position in shares of John Hancock Core Plus Bond ETF during the 1st quarter worth approximately $364,000. U.S. Capital Wealth Advisors LLC bought a new stake in John Hancock Core Plus Bond ETF in the 4th quarter valued at $3,456,000. Coign Capital Advisors LLC raised its stake in John Hancock Core Plus Bond ETF by 6.7% in the 4th quarter. Coign Capital Advisors LLC now owns 523,272 shares of the company’s stock valued at $13,262,000 after acquiring an additional 32,664 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in John Hancock Core Plus Bond ETF by 259.7% during the 4th quarter. Cetera Investment Advisers now owns 523,307 shares of the company’s stock valued at $13,263,000 after purchasing an additional 377,840 shares during the last quarter.

John Hancock Core Plus Bond ETF Price Performance

JHCP traded down $0.08 during trading on Friday, reaching $25.16. 3,528 shares of the stock were exchanged, compared to its average volume of 26,089. The stock’s 50 day moving average price is $25.12 and its two-hundred day moving average price is $25.32. John Hancock Core Plus Bond ETF has a twelve month low of $24.79 and a twelve month high of $26.14.

John Hancock Core Plus Bond ETF Company Profile

The John Hancock Core Plus Bond ETF (JHCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed with a focus on a diversified bond portfolio, which includes a potential 20% allocation to high-yield bonds. The fund aims for a high level of current income while also considering ESG factors in its investment analysis JHCP was launched on Dec 18, 2024 and is issued by John Hancock.