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 large growth in short interest in the month of 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. Approximately 1.9% of the company’s shares are short sold. Based on an average daily trading volume, of 193,991 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On John Hancock Core Plus Bond ETF

Large investors have recently bought and sold shares of the company. Jane Street Group LLC bought a new position in shares of John Hancock Core Plus Bond ETF during the first quarter worth $364,000. Beam Wealth Advisors Inc. bought a new stake in shares of John Hancock Core Plus Bond ETF in the 4th quarter valued at $268,000. Cetera Investment Advisers increased its position in shares of John Hancock Core Plus Bond ETF by 259.7% in the 4th quarter. Cetera Investment Advisers now owns 523,307 shares of the company’s stock valued at $13,263,000 after buying an additional 377,840 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of John Hancock Core Plus Bond ETF by 40.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 4,284,000 shares of the company’s stock valued at $107,725,000 after buying an additional 1,240,000 shares in the last quarter.

John Hancock Core Plus Bond ETF Stock Performance

Shares of NYSEARCA:JHCP traded down $0.02 during mid-day trading on Friday, reaching $24.82. The stock had a trading volume of 109,792 shares, compared to its average volume of 77,128. The firm has a 50 day simple moving average of $24.95 and a two-hundred day simple moving average of $25.18. John Hancock Core Plus Bond ETF has a twelve month low of $24.63 and a twelve month high of $26.14.

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.