Short Interest in John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Decreases By 76.0%

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 5,180 shares, a decline of 76.0% from the April 30th total of 21,609 shares. Based on an average daily volume of 13,764 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On John Hancock Core Plus Bond ETF

A number of large investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company boosted its holdings in John Hancock Core Plus Bond ETF by 40.7% in the first quarter. The Manufacturers Life Insurance Company now owns 4,284,000 shares of the company’s stock worth $107,725,000 after purchasing an additional 1,240,000 shares in the last quarter. Cetera Investment Advisers boosted its holdings in John Hancock Core Plus Bond ETF by 7.9% in the first quarter. Cetera Investment Advisers now owns 564,742 shares of the company’s stock worth $14,201,000 after purchasing an additional 41,435 shares in the last quarter. Beam Wealth Advisors Inc. bought a new stake in John Hancock Core Plus Bond ETF in the fourth quarter worth $268,000. U.S. Capital Wealth Advisors LLC bought a new stake in John Hancock Core Plus Bond ETF in the fourth quarter worth $3,456,000. Finally, Coign Capital Advisors LLC boosted its holdings in John Hancock Core Plus Bond ETF by 6.7% in the fourth quarter. Coign Capital Advisors LLC now owns 523,272 shares of the company’s stock worth $13,262,000 after purchasing an additional 32,664 shares in the last quarter.

John Hancock Core Plus Bond ETF Trading Up 0.3%

Shares of John Hancock Core Plus Bond ETF stock traded up $0.07 on Friday, hitting $25.11. 21,506 shares of the company traded hands, compared to its average volume of 26,839. The company has a 50-day moving average price of $25.15 and a 200 day moving average price of $25.37. John Hancock Core Plus Bond ETF has a 12-month low of $24.69 and a 12-month high of $26.14.

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.