Short Interest in John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Drops By 76.8%

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 2,513 shares, a decrease of 76.8% from the December 15th total of 10,816 shares. Based on an average daily trading volume, of 25,758 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 25,758 shares, the short-interest ratio is presently 0.1 days.

John Hancock Core Plus Bond ETF Price Performance

Shares of JHCP stock traded down $0.01 during trading hours on Thursday, reaching $25.50. The company had a trading volume of 24,194 shares, compared to its average volume of 11,769. John Hancock Core Plus Bond ETF has a twelve month low of $24.35 and a twelve month high of $25.95. The stock’s fifty day simple moving average is $25.48 and its 200 day simple moving average is $25.40.

Institutional Trading of John Hancock Core Plus Bond ETF

A number of hedge funds have recently made changes to their positions in the company. Coign Capital Advisors LLC lifted its position 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 worth $12,484,000 after purchasing an additional 43,833 shares in the last quarter. Andina Capital Management LLC purchased a new stake in John Hancock Core Plus Bond ETF during the 3rd quarter worth $253,000. Finally, Jane Street Group LLC purchased a new stake in John Hancock Core Plus Bond ETF during the 1st quarter worth $364,000.

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.