John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Short Interest Up 146.4% in July

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 169,022 shares, a growth of 146.4% from the July 15th total of 68,598 shares. Based on an average trading volume of 193,991 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.9% of the company’s shares are short sold.

John Hancock Core Plus Bond ETF Trading Down 0.1%

Shares of NYSEARCA JHCP traded down $0.02 during mid-day trading on Friday, reaching $24.82. 109,792 shares of the company’s stock were exchanged, compared to its average volume of 77,128. John Hancock Core Plus Bond ETF has a twelve month low of $24.63 and a twelve month high of $26.14. The business has a fifty day simple moving average of $24.95 and a 200 day simple moving average of $25.18.

Institutional Trading of John Hancock Core Plus Bond ETF

A number of large investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company raised its holdings in John Hancock Core Plus Bond ETF by 40.7% during the 1st quarter. The Manufacturers Life Insurance Company now owns 4,284,000 shares of the company’s stock worth $107,725,000 after buying an additional 1,240,000 shares during the period. Cetera Investment Advisers boosted its holdings in shares of John Hancock Core Plus Bond ETF by 7.9% in the first quarter. Cetera Investment Advisers now owns 564,742 shares of the company’s stock valued at $14,201,000 after buying an additional 41,435 shares during the period. Beam Wealth Advisors Inc. acquired a new position in shares of John Hancock Core Plus Bond ETF in the fourth quarter valued at approximately $268,000. Finally, Jane Street Group LLC bought a new stake in shares of John Hancock Core Plus Bond ETF during the first quarter worth $364,000.

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.