Short Interest in John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Increases By 174.7%

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 10,216 shares, a growth of 174.7% from the June 15th total of 3,719 shares. Based on an average trading volume of 25,387 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

John Hancock Core Plus Bond ETF Price Performance

Shares of NYSEARCA:JHCP opened at $24.84 on Tuesday. John Hancock Core Plus Bond ETF has a 1-year low of $24.79 and a 1-year high of $26.14. The business’s 50 day moving average is $25.06 and its 200-day moving average is $25.28.

Institutional Investors Weigh In On John Hancock Core Plus Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of JHCP. The Manufacturers Life Insurance Company increased its holdings in John Hancock Core Plus Bond ETF by 40.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 4,284,000 shares of the company’s stock valued at $107,725,000 after buying an additional 1,240,000 shares during the period. Cetera Investment Advisers lifted its holdings in shares of John Hancock Core Plus Bond ETF by 259.7% during the 4th quarter. Cetera Investment Advisers now owns 523,307 shares of the company’s stock worth $13,263,000 after acquiring an additional 377,840 shares during the period. U.S. Capital Wealth Advisors LLC bought a new position in shares of John Hancock Core Plus Bond ETF during the 4th quarter worth about $3,456,000. Coign Capital Advisors LLC lifted its holdings in shares of John Hancock Core Plus Bond ETF by 6.7% during the 4th 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. Finally, Jane Street Group LLC acquired a new stake in shares of John Hancock Core Plus Bond ETF during the 1st quarter valued at about $364,000.

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.