John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Sees Significant Increase in Short Interest

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 40,071 shares, a growth of 113.3% from the January 15th total of 18,782 shares. Approximately 1.4% of the shares of the company are sold short. Based on an average daily volume of 33,299 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 33,299 shares, the short-interest ratio is presently 1.2 days. Approximately 1.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Coign Capital Advisors LLC increased its stake 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 valued at $13,262,000 after acquiring an additional 32,664 shares during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new stake in shares of John Hancock Core Plus Bond ETF in the 4th quarter worth about $3,456,000. Jane Street Group LLC bought a new stake in John Hancock Core Plus Bond ETF during the 1st quarter valued at approximately $364,000. Beam Wealth Advisors Inc. bought a new stake in shares of John Hancock Core Plus Bond ETF during the fourth quarter valued at approximately $268,000. Finally, Andina Capital Management LLC purchased a new stake in shares of John Hancock Core Plus Bond ETF in the 3rd quarter worth about $253,000.

John Hancock Core Plus Bond ETF Stock Up 0.2%

Shares of JHCP stock traded up $0.06 on Friday, hitting $25.69. 3,617 shares of the stock were exchanged, compared to its average volume of 16,687. John Hancock Core Plus Bond ETF has a one year low of $24.35 and a one year high of $26.14. The firm’s 50 day moving average is $25.46 and its two-hundred day moving average is $25.46.

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.