John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Short Interest Up 1,316.9% in May

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 73,395 shares, an increase of 1,316.9% from the May 14th total of 5,180 shares. Based on an average daily volume of 38,230 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.9% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Beam Wealth Advisors Inc. bought a new position in shares of John Hancock Core Plus Bond ETF in the 4th quarter worth $268,000. Jane Street Group LLC bought a new position in John Hancock Core Plus Bond ETF during the first quarter worth about $364,000. U.S. Capital Wealth Advisors LLC acquired a new position in John Hancock Core Plus Bond ETF in the fourth quarter valued at about $3,456,000. Coign Capital Advisors LLC increased its holdings in shares of 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 acquiring an additional 32,664 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of John Hancock Core Plus Bond ETF by 259.7% in the fourth 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 in the last quarter.

John Hancock Core Plus Bond ETF Trading Up 0.1%

Shares of John Hancock Core Plus Bond ETF stock traded up $0.03 during mid-day trading on Wednesday, reaching $25.02. 611 shares of the stock were exchanged, compared to its average volume of 27,152. John Hancock Core Plus Bond ETF has a fifty-two week low of $24.79 and a fifty-two week high of $26.14. The firm has a 50-day simple moving average of $25.14 and a 200 day simple moving average of $25.35.

John Hancock Core Plus Bond ETF Company Profile

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.