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

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) was the recipient of 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 currently 0.9 days. Approximately 1.9% of the company’s stock are short sold.

John Hancock Core Plus Bond ETF Stock Down 0.1%

John Hancock Core Plus Bond ETF stock traded down $0.02 during midday trading on Friday, reaching $24.82. 109,792 shares of the company traded hands, compared to its average volume of 77,128. John Hancock Core Plus Bond ETF has a 12 month low of $24.63 and a 12 month high of $26.14. The business has a 50 day moving average of $24.95 and a two-hundred day moving average of $25.18.

Institutional Trading of John Hancock Core Plus Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of JHCP. Jane Street Group LLC bought a new stake in John Hancock Core Plus Bond ETF in the 1st quarter worth approximately $364,000. Beam Wealth Advisors Inc. purchased a new position in shares of John Hancock Core Plus Bond ETF during the fourth quarter valued at approximately $268,000. Cetera Investment Advisers grew its position 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 acquiring an additional 377,840 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted 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 valued at $107,725,000 after buying an additional 1,240,000 shares in the last quarter.

John Hancock Core Plus Bond ETF Company Profile

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.