John Hancock Core Bond ETF (NYSEARCA:JHCR) Sees Significant Growth in Short Interest

John Hancock Core Bond ETF (NYSEARCA:JHCR) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 121,326 shares, a growth of 170.2% from the June 30th total of 44,908 shares. Based on an average daily volume of 431,654 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

John Hancock Core Bond ETF Price Performance

Shares of John Hancock Core Bond ETF stock traded up $0.05 during mid-day trading on Monday, hitting $25.02. 108,361 shares of the stock were exchanged, compared to its average volume of 762,091. John Hancock Core Bond ETF has a twelve month low of $24.77 and a twelve month high of $25.90. The company has a 50-day simple moving average of $25.18 and a 200 day simple moving average of $25.36.

Institutional Trading of John Hancock Core Bond ETF

A number of hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its stake in John Hancock Core Bond ETF by 3.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 13,649 shares of the company’s stock worth $347,000 after acquiring an additional 403 shares during the period. Advisory Services Network LLC increased its stake in John Hancock Core Bond ETF by 22.1% in the fourth quarter. Advisory Services Network LLC now owns 43,613 shares of the company’s stock valued at $1,108,000 after purchasing an additional 7,880 shares during the last quarter. Pine Valley Investments Ltd Liability Co acquired a new position in John Hancock Core Bond ETF in the first quarter valued at $400,000. Jane Street Group LLC purchased a new position in John Hancock Core Bond ETF during the fourth quarter worth about $675,000. Finally, CoreCap Advisors LLC purchased a new position in John Hancock Core Bond ETF during the second quarter worth about $1,427,000.

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.