Politics
John Hancock Core Plus Bond ETF Sees 76.8% Drop in Short Interest
The short interest in the John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) experienced a substantial decline of 76.8% in December 2023. As of December 31, short interest stood at 2,513 shares, a sharp drop from the 10,816 shares reported on December 15. This reduction reflects a short-interest ratio of just 0.1 days, indicating that approximately 0.1% of the ETF’s shares are currently short sold.
Trading Performance and Historical Context
On Thursday, shares of JHCP traded down by $0.01, reaching a price of $25.50. The trading volume for the day was 24,194 shares, which is significantly higher than its average volume of 11,769 shares. Over the past year, the ETF has seen a low of $24.35 and a high of $25.95. Currently, its fifty-day simple moving average is $25.48, while the two-hundred-day average stands at $25.40.
Institutional Activity in the ETF
Several institutional investors have recently adjusted their holdings in the John Hancock Core Plus Bond ETF. Coign Capital Advisors LLC increased its stake by 9.8% during the third quarter, now owning 490,608 shares valued at approximately $12,484,000 after acquiring an additional 43,833 shares in the last quarter. Additionally, Andina Capital Management LLC invested $253,000 in a new stake during the same period, while Jane Street Group LLC also entered the ETF market with a stake worth $364,000 in the first quarter.
The John Hancock Core Plus Bond ETF primarily invests in broad credit fixed income, with an actively managed portfolio. The fund aims for a high level of current income while incorporating ESG considerations into its investment strategies. Launched on December 18, 2024, the ETF includes an allocation of up to 20% in high-yield bonds, reflecting its diversified approach to bond investing.
Investors seeking timely updates on the John Hancock Core Plus Bond ETF can subscribe to receive daily summaries of news and analyst ratings, which provide insights into the ETF’s performance and market trends.
-
Top Stories1 month agoRachel Campos-Duffy Exits FOX Noticias; Andrea Linares Steps In
-
Top Stories2 weeks agoPiper Rockelle Shatters Record with $2.3M First Day on OnlyFans
-
Top Stories2 weeks agoMeta’s 2026 AI Policy Sparks Outrage Over Privacy Concerns
-
Sports2 weeks agoLeon Goretzka Considers Barcelona Move as Transfer Window Approaches
-
Entertainment4 hours agoJayda Cheaves Claims Lil Baby and Ari Fletcher Had an Affair
-
Top Stories2 weeks agoUrgent Update: Denver Fire Forces Mass Evacuations, 100+ Firefighters Battling Blaze
-
Health2 months agoTerry Bradshaw Updates Fans on Health After Absence from FOX NFL Sunday
-
Sports1 week agoSouth Carolina Faces Arkansas in Key Women’s Basketball Clash
-
Top Stories2 weeks agoOnlyFans Creator Lily Phillips Reconnects with Faith in Rebaptism
-
Top Stories1 week agoCBS Officially Renames Yellowstone Spin-off to Marshals
-
Top Stories2 weeks agoOregon Pilot and Three Niece Die in Arizona Helicopter Crash
-
Entertainment2 weeks agoTom Brady Signals Disinterest in Alix Earle Over Privacy Concerns
