Short Interest in John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Expands By 1,316.9%

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 73,395 shares, an increase of 1,316.9% from the May 14th total of 5,180 shares. Approximately 1.9% of the company’s stock are short sold. Based on an average trading volume of 38,230 shares, the short-interest ratio is currently 1.9 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of JHCP. Beam Wealth Advisors Inc. bought a new stake in John Hancock Core Plus Bond ETF during the fourth quarter worth $268,000. Jane Street Group LLC bought a new stake in John Hancock Core Plus Bond ETF during the first quarter worth $364,000. Coign Capital Advisors LLC lifted its holdings in John Hancock Core Plus Bond ETF by 6.7% during the fourth quarter. Coign Capital Advisors LLC now owns 523,272 shares of the company’s stock worth $13,262,000 after acquiring an additional 32,664 shares during the period. Cetera Investment Advisers lifted its holdings in John Hancock Core Plus Bond ETF by 7.9% during the first quarter. Cetera Investment Advisers now owns 564,742 shares of the company’s stock worth $14,201,000 after acquiring an additional 41,435 shares during the period. Finally, U.S. Capital Wealth Advisors LLC bought a new stake in John Hancock Core Plus Bond ETF during the fourth quarter worth $3,456,000.

John Hancock Core Plus Bond ETF Stock Up 0.0%

Shares of JHCP stock traded up $0.01 during trading hours on Thursday, reaching $25.00. The company had a trading volume of 264 shares, compared to its average volume of 27,152. John Hancock Core Plus Bond ETF has a 12 month low of $24.79 and a 12 month high of $26.14. The business has a fifty day simple moving average of $25.14 and a 200-day simple moving average of $25.35.

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.