John Hancock Core Bond ETF (NYSEARCA:JHCR) Shares Shorted: Short Interest Up 694.9% in October

John Hancock Core Bond ETF (NYSEARCA:JHCR) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 56,126 shares, a growth of 694.9% from the October 15th total of 7,061 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 460,223 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cornerstone Wealth Management LLC purchased a new stake in John Hancock Core Bond ETF during the 3rd quarter worth about $8,440,000. Henderson Brothers Financial Partners LLC purchased a new position in shares of John Hancock Core Bond ETF in the 3rd quarter valued at about $26,383,000. Simplicity Wealth LLC boosted its stake in shares of John Hancock Core Bond ETF by 72.4% in the 3rd quarter. Simplicity Wealth LLC now owns 351,056 shares of the company’s stock valued at $8,443,000 after buying an additional 147,387 shares during the period. CoreCap Advisors LLC grew its position in shares of John Hancock Core Bond ETF by 33.4% during the third quarter. CoreCap Advisors LLC now owns 75,393 shares of the company’s stock worth $1,813,000 after buying an additional 18,897 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in shares of John Hancock Core Bond ETF during the second quarter worth about $889,000.

John Hancock Core Bond ETF Price Performance

JHCR traded down $0.21 during trading hours on Thursday, hitting $24.27. 80,099 shares of the company’s stock were exchanged, compared to its average volume of 573,138. John Hancock Core Bond ETF has a 12-month low of $23.89 and a 12-month high of $25.83. The firm has a 50 day moving average of $24.38 and a 200 day moving average of $25.05.

John Hancock Core Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 28th were paid a $0.0982 dividend. The ex-dividend date was Wednesday, October 28th. This is an increase from John Hancock Core Bond ETF’s previous monthly dividend of $0.0853. This represents a $1.18 annualized dividend and a dividend yield of 4.9%.

About John Hancock Core Bond ETF

The John Hancock Core Bond ETF (JHCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing primarily in US investment-grade bonds, maintaining a focus on sound credit quality. The fund aims to provide a high level of current income while prioritizing the preservation of capital and liquidity JHCR was launched on Dec 18, 2024 and is issued by John Hancock.