John Hancock Corporate Bond ETF (NYSEARCA:JHCB) Short Interest Update

John Hancock Corporate Bond ETF (NYSEARCA:JHCB) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 23,675 shares, a decline of 56.4% from the November 30th total of 54,355 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 23,192 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 23,192 shares, the short-interest ratio is presently 1.0 days. Currently, 0.7% of the company’s stock are sold short.

John Hancock Corporate Bond ETF Stock Performance

JHCB remained flat at $21.73 during trading hours on Friday. 1,983 shares of the company traded hands, compared to its average volume of 18,782. The firm has a fifty day moving average price of $21.73 and a 200-day moving average price of $21.61. John Hancock Corporate Bond ETF has a fifty-two week low of $20.38 and a fifty-two week high of $22.03.

Institutional Trading of John Hancock Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC raised its holdings in shares of John Hancock Corporate Bond ETF by 81.0% in the 3rd quarter. Advisory Services Network LLC now owns 34,961 shares of the company’s stock valued at $759,000 after purchasing an additional 15,645 shares during the period. NewEdge Advisors LLC increased its holdings in shares of John Hancock Corporate Bond ETF by 140.3% in the third quarter. NewEdge Advisors LLC now owns 3,605 shares of the company’s stock valued at $78,000 after purchasing an additional 2,105 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of John Hancock Corporate Bond ETF in the third quarter valued at $548,000. JPMorgan Chase & Co. acquired a new stake in shares of John Hancock Corporate Bond ETF during the 3rd quarter worth about $733,000. Finally, Envestnet Asset Management Inc. raised its holdings in John Hancock Corporate Bond ETF by 0.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 211,147 shares of the company’s stock valued at $4,586,000 after acquiring an additional 1,760 shares during the period.

John Hancock Corporate Bond ETF Company Profile

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.