John Hancock Core Bond ETF (NYSEARCA:JHCR) Sees Significant Decrease in Short Interest

John Hancock Core Bond ETF (NYSEARCA:JHCR) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 56,882 shares, a decline of 53.1% from the July 15th total of 121,326 shares. Based on an average daily trading volume, of 291,728 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

John Hancock Core Bond ETF Trading Down 0.3%

JHCR stock traded down $0.07 during trading on Friday, hitting $24.94. 65,716 shares of the stock traded hands, compared to its average volume of 706,048. John Hancock Core Bond ETF has a one year low of $24.77 and a one year high of $25.90. The company has a 50 day simple moving average of $25.11 and a 200 day simple moving average of $25.30.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of JHCR. Goldman Sachs Group Inc. increased its stake in John Hancock Core Bond ETF by 3.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 13,649 shares of the company’s stock valued at $347,000 after acquiring an additional 403 shares during the last quarter. Pine Valley Investments Ltd Liability Co purchased a new position in John Hancock Core Bond ETF in the first quarter valued at about $400,000. Kensington Asset Management LLC bought a new stake in John Hancock Core Bond ETF in the 2nd quarter valued at about $646,000. Jane Street Group LLC bought a new stake in John Hancock Core Bond ETF during the 4th quarter worth approximately $675,000. Finally, Advisory Services Network LLC lifted its stake in John Hancock Core Bond ETF by 298.6% in the 3rd quarter. Advisory Services Network LLC now owns 35,733 shares of the company’s stock worth $911,000 after purchasing an additional 26,768 shares in the last 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.