John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Short Interest Down 21.2% in February

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

Institutional Trading of John Hancock Core Plus Bond ETF

Hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers boosted its stake in 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 valued at $13,263,000 after purchasing an additional 377,840 shares during the period. 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. U.S. Capital Wealth Advisors LLC acquired a new position in shares of John Hancock Core Plus Bond ETF during the fourth quarter worth approximately $3,456,000. Coign Capital Advisors LLC boosted its position in shares of John Hancock Core Plus Bond ETF by 6.7% during the fourth quarter. Coign Capital Advisors LLC now owns 523,272 shares of the company’s stock worth $13,262,000 after buying an additional 32,664 shares during the period. Finally, Andina Capital Management LLC bought a new position in John Hancock Core Plus Bond ETF in the 3rd quarter worth approximately $253,000.

John Hancock Core Plus Bond ETF Stock Performance

JHCP stock traded up $0.09 during mid-day trading on Monday, reaching $25.29. The company had a trading volume of 4,615 shares, compared to its average volume of 23,656. John Hancock Core Plus Bond ETF has a one year low of $24.35 and a one year high of $26.14. The stock’s 50-day simple moving average is $25.51 and its two-hundred day simple moving average is $25.52.

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.