John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Short Interest Down 63.8% in December

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 10,816 shares, a decrease of 63.8% from the November 30th total of 29,889 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 8,622 shares, the short-interest ratio is presently 1.3 days. Based on an average daily trading volume, of 8,622 shares, the short-interest ratio is presently 1.3 days. Currently, 0.5% of the company’s shares are sold short.

John Hancock Core Plus Bond ETF Stock Performance

Shares of JHCP stock traded up $0.02 during trading hours on Friday, hitting $25.55. 83 shares of the company were exchanged, compared to its average volume of 92,906. The company has a 50 day simple moving average of $25.54 and a two-hundred day simple moving average of $25.34. John Hancock Core Plus Bond ETF has a fifty-two week low of $24.35 and a fifty-two week high of $25.95.

Institutional Investors Weigh In On John Hancock Core Plus Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Andina Capital Management LLC acquired a new position in shares of John Hancock Core Plus Bond ETF during the third quarter valued at about $253,000. Jane Street Group LLC bought a new stake in John Hancock Core Plus Bond ETF in the 1st quarter valued at about $364,000. Finally, Coign Capital Advisors LLC boosted its holdings in John Hancock Core Plus Bond ETF by 8.2% in the second quarter. Coign Capital Advisors LLC now owns 446,775 shares of the company’s stock worth $11,222,000 after acquiring an additional 33,980 shares in the last quarter.

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.