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

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 22,868 shares, a decrease of 21.2% from the February 12th total of 29,035 shares. Based on an average trading volume of 2,653 shares, the days-to-cover ratio is presently 8.6 days. Currently, 0.8% of the shares of the company are sold short. Currently, 0.8% of the shares of the company are sold short. Based on an average trading volume of 2,653 shares, the days-to-cover ratio is presently 8.6 days.

Hedge Funds Weigh In On John Hancock Core Plus Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in shares of John Hancock Core Plus Bond ETF by 259.7% in 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 John Hancock Core Plus Bond ETF in the fourth quarter worth $3,456,000. Coign Capital Advisors LLC lifted its position in John Hancock Core Plus Bond ETF by 9.8% in the third quarter. Coign Capital Advisors LLC now owns 490,608 shares of the company’s stock worth $12,484,000 after purchasing an additional 43,833 shares during the period. Jane Street Group LLC acquired a new stake in John Hancock Core Plus Bond ETF during the first quarter worth $364,000. Finally, Beam Wealth Advisors Inc. bought a new stake in John Hancock Core Plus Bond ETF in the 4th quarter valued at $268,000.

John Hancock Core Plus Bond ETF Trading Down 0.2%

Shares of John Hancock Core Plus Bond ETF stock traded down $0.06 during midday trading on Friday, hitting $25.20. The company had a trading volume of 3,470 shares, compared to its average volume of 24,046. John Hancock Core Plus Bond ETF has a 1-year low of $24.35 and a 1-year high of $26.14. The business’s 50 day simple moving average is $25.51 and its two-hundred day simple moving average is $25.51.

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.