Short Interest in John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Declines By 34.0%

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) saw a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 15,096 shares, a decline of 34.0% from the February 26th total of 22,868 shares. Based on an average daily volume of 65,479 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the shares of the company are sold short.

John Hancock Core Plus Bond ETF Stock Up 0.4%

Shares of NYSEARCA JHCP traded up $0.11 during mid-day trading on Monday, hitting $25.03. The company had a trading volume of 60,831 shares, compared to its average volume of 21,777. The business’s 50-day simple moving average is $25.44 and its 200-day simple moving average is $25.50. John Hancock Core Plus Bond ETF has a 12 month low of $24.35 and a 12 month high of $26.14.

Institutional Trading of John Hancock Core Plus Bond ETF

Several institutional investors have recently modified their holdings of the company. Cetera Investment Advisers boosted its stake in 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. U.S. Capital Wealth Advisors LLC acquired a new position in John Hancock Core Plus Bond ETF during the fourth quarter worth $3,456,000. Coign Capital Advisors LLC lifted its holdings in shares of John Hancock Core Plus Bond ETF by 9.8% during the third quarter. Coign Capital Advisors LLC now owns 490,608 shares of the company’s stock valued at $12,484,000 after acquiring an additional 43,833 shares during the period. Jane Street Group LLC bought a new position in shares of John Hancock Core Plus Bond ETF during the first quarter valued at $364,000. Finally, Beam Wealth Advisors Inc. acquired a new stake in shares of John Hancock Core Plus Bond ETF in the 4th quarter valued at $268,000.

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.