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

John Hancock Corporate Bond ETF (NYSEARCA:JHCB) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 24,479 shares, a decline of 63.9% from the July 30th total of 67,828 shares. Based on an average daily volume of 96,206 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.5% of the shares of the stock are sold short.

John Hancock Corporate Bond ETF Price Performance

Shares of John Hancock Corporate Bond ETF stock traded down $0.07 during trading hours on Friday, reaching $20.71. 19,616 shares of the company’s stock were exchanged, compared to its average volume of 25,457. The business has a fifty day moving average of $20.98 and a two-hundred day moving average of $21.21. John Hancock Corporate Bond ETF has a 1 year low of $20.57 and a 1 year high of $22.03.

Institutional Trading of John Hancock Corporate Bond ETF

Several large investors have recently bought and sold shares of JHCB. Robbins Farley raised its holdings in John Hancock Corporate Bond ETF by 5.0% in the 2nd quarter. Robbins Farley now owns 20,239 shares of the company’s stock valued at $429,000 after acquiring an additional 959 shares during the last quarter. NewEdge Advisors LLC acquired a new position in shares of John Hancock Corporate Bond ETF during the 2nd quarter worth approximately $32,000. CoreCap Advisors LLC boosted its holdings in shares of John Hancock Corporate Bond ETF by 11.0% during the 2nd quarter. CoreCap Advisors LLC now owns 31,120 shares of the company’s stock worth $660,000 after purchasing an additional 3,077 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of John Hancock Corporate Bond ETF by 17.5% during the 2nd quarter. Osaic Holdings Inc. now owns 48,109 shares of the company’s stock worth $1,031,000 after purchasing an additional 7,150 shares during the last quarter. Finally, Jane Street Group LLC grew its position in shares of John Hancock Corporate Bond ETF by 43.8% in the fourth quarter. Jane Street Group LLC now owns 50,210 shares of the company’s stock valued at $1,080,000 after purchasing an additional 15,291 shares in the last quarter.

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.