John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Short Interest Up 571.5% in July

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 68,598 shares, an increase of 571.5% from the June 30th total of 10,216 shares. Based on an average daily volume of 325,661 shares, the short-interest ratio is presently 0.2 days. Currently, 0.8% of the company’s shares are sold short.

Hedge Funds Weigh In On John Hancock Core Plus Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of JHCP. The Manufacturers Life Insurance Company lifted its stake in shares of John Hancock Core Plus Bond ETF by 40.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 4,284,000 shares of the company’s stock valued at $107,725,000 after purchasing an additional 1,240,000 shares during the period. Cetera Investment Advisers increased its holdings in 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 valued at $13,263,000 after purchasing an additional 377,840 shares during the last quarter. 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 boosted its holdings in 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 last quarter. Finally, Jane Street Group LLC acquired a new position in shares of John Hancock Core Plus Bond ETF during the 1st quarter worth about $364,000.

John Hancock Core Plus Bond ETF Stock Down 0.0%

Shares of NYSEARCA JHCP opened at $24.77 on Monday. John Hancock Core Plus Bond ETF has a 1 year low of $24.73 and a 1 year high of $26.14. The firm’s 50-day moving average is $25.02 and its 200-day moving average is $25.24.

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.