John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Short Interest Up 571.5% in July

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 68,598 shares, an increase of 571.5% from the June 30th total of 10,216 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average trading volume of 325,661 shares, the short-interest ratio is currently 0.2 days.

John Hancock Core Plus Bond ETF Stock Performance

NYSEARCA JHCP traded up $0.01 during mid-day trading on Friday, hitting $24.77. The company’s stock had a trading volume of 343,280 shares, compared to its average volume of 53,586. The company’s 50 day simple moving average is $25.02 and its 200 day simple moving average is $25.24. John Hancock Core Plus Bond ETF has a twelve month low of $24.73 and a twelve month high of $26.14.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in JHCP. Coign Capital Advisors LLC grew 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 purchasing an additional 32,664 shares during the period. U.S. Capital Wealth Advisors LLC bought a new stake in shares of John Hancock Core Plus Bond ETF in the fourth quarter valued at approximately $3,456,000. Cetera Investment Advisers lifted its position in shares of John Hancock Core Plus Bond ETF by 259.7% during the fourth quarter. Cetera Investment Advisers now owns 523,307 shares of the company’s stock worth $13,263,000 after acquiring an additional 377,840 shares in the last quarter. Jane Street Group LLC purchased a new stake in John Hancock Core Plus Bond ETF during the 1st quarter worth about $364,000. Finally, The Manufacturers Life Insurance Company boosted its position in shares of John Hancock Core Plus Bond ETF by 40.7% in the first quarter. The Manufacturers Life Insurance Company now owns 4,284,000 shares of the company’s stock valued at $107,725,000 after acquiring an additional 1,240,000 shares during the period.

About John Hancock Core Plus Bond ETF

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.