John Hancock Core Bond ETF (NYSEARCA:JHCR) Sees Large Increase in Short Interest
by Danessa Lincoln · The Markets DailyJohn Hancock Core Bond ETF (NYSEARCA:JHCR – Get Free Report) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 4,729 shares, an increase of 665.2% from the May 31st total of 618 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 8,683 shares, the days-to-cover ratio is currently 0.5 days.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. grew its position in shares of John Hancock Core Bond ETF by 3.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 13,649 shares of the company’s stock worth $347,000 after buying an additional 403 shares during the period. Advisory Services Network LLC raised its stake in shares of John Hancock Core Bond ETF by 22.1% during the fourth quarter. Advisory Services Network LLC now owns 43,613 shares of the company’s stock worth $1,108,000 after buying 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 approximately $400,000. Jane Street Group LLC acquired a new position in John Hancock Core Bond ETF in the fourth quarter valued at approximately $675,000. Finally, The Manufacturers Life Insurance Company boosted its stake in John Hancock Core Bond ETF by 12,123.0% in the first quarter. The Manufacturers Life Insurance Company now owns 87,272,135 shares of the company’s stock valued at $2,208,273,000 after acquiring an additional 86,558,135 shares during the last quarter.
John Hancock Core Bond ETF Stock Down 0.2%
Shares of JHCR opened at $25.32 on Friday. The stock’s fifty day simple moving average is $25.27 and its 200-day simple moving average is $25.41. John Hancock Core Bond ETF has a 12-month low of $24.77 and a 12-month high of $25.90.
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.