John Hancock Core Bond ETF (NYSEARCA:JHCR) Sees Large Drop in Short Interest

John Hancock Core Bond ETF (NYSEARCA:JHCR) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,240 shares, a decline of 29.1% from the December 15th total of 1,750 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 423 shares, the days-to-cover ratio is currently 2.9 days. Based on an average daily trading volume, of 423 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.2% of the shares of the company are short sold.

John Hancock Core Bond ETF Price Performance

Shares of John Hancock Core Bond ETF stock traded down $0.05 during midday trading on Friday, hitting $25.44. 24 shares of the company were exchanged, compared to its average volume of 148. The firm has a 50 day simple moving average of $25.52 and a 200-day simple moving average of $25.46. John Hancock Core Bond ETF has a 52 week low of $24.55 and a 52 week high of $25.90.

Institutional Investors Weigh In On John Hancock Core Bond ETF

A hedge fund recently raised its stake in John Hancock Core Bond ETF stock. Advisory Services Network LLC lifted its stake in John Hancock Core Bond ETF (NYSEARCA:JHCR) by 298.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,733 shares of the company’s stock after purchasing an additional 26,768 shares during the period. Advisory Services Network LLC owned 6.27% of John Hancock Core Bond ETF worth $911,000 at the end of the most recent quarter.

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.