John Hancock Core Bond ETF (NYSEARCA:JHCR) Stock Short Interest Declines 60.8%

John Hancock Core Bond ETF (NYSEARCA:JHCR) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 7,061 shares, a decrease of 60.8% from the September 30th total of 18,021 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 136,853 shares, the days-to-cover ratio is currently 0.1 days.

John Hancock Core Bond ETF Stock Down 0.6%

JHCR stock opened at $24.37 on Thursday. John Hancock Core Bond ETF has a 12 month low of $23.89 and a 12 month high of $25.83. The company has a 50-day moving average price of $24.47 and a 200 day moving average price of $25.10.

John Hancock Core Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, October 28th will be issued a dividend of $0.0982 per share. The ex-dividend date of this dividend is Wednesday, October 28th. This is an increase from John Hancock Core Bond ETF’s previous monthly dividend of $0.0853. This represents a $1.18 dividend on an annualized basis and a yield of 4.8%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in JHCR. Citadel Advisors LLC purchased a new stake in shares of John Hancock Core Bond ETF during the second quarter valued at $288,000. Pine Valley Investments Ltd Liability Co acquired a new stake in shares of John Hancock Core Bond ETF in the 1st quarter valued at about $400,000. CoreCap Advisors LLC lifted its position in shares of John Hancock Core Bond ETF by 33.4% in the third quarter. CoreCap Advisors LLC now owns 75,393 shares of the company’s stock valued at $1,813,000 after buying an additional 18,897 shares during the last quarter. Kensington Asset Management LLC bought a new stake in John Hancock Core Bond ETF in the 2nd quarter valued at about $646,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in John Hancock Core Bond ETF in the 2nd quarter valued at approximately $889,000.

About John Hancock Core Bond ETF

The John Hancock Core Bond ETF (JHCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing primarily in US investment-grade bonds, maintaining a focus on sound credit quality. The fund aims to provide a high level of current income while prioritizing the preservation of capital and liquidity JHCR was launched on Dec 18, 2024 and is issued by John Hancock.