John Hancock Core Bond ETF (NYSEARCA:JHCR) Stock Short Interest Rises 694.9%

John Hancock Core Bond ETF (NYSEARCA:JHCR) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 56,126 shares, an increase of 694.9% from the October 15th total of 7,061 shares. Based on an average daily trading volume, of 460,223 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

John Hancock Core Bond ETF Stock Performance

Shares of NYSEARCA JHCR opened at $24.47 on Wednesday. The stock’s 50-day simple moving average is $24.40 and its two-hundred day simple moving average is $25.06. John Hancock Core Bond ETF has a twelve month low of $23.89 and a twelve month high of $25.83.

John Hancock Core Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 28th were issued a dividend of $0.0982 per share. The ex-dividend date of this dividend was Wednesday, October 28th. This is a positive change from John Hancock Core Bond ETF’s previous monthly dividend of $0.0853. This represents a $1.18 annualized dividend and a dividend yield of 4.8%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Cornerstone Wealth Management LLC purchased a new position in John Hancock Core Bond ETF in the 3rd quarter worth approximately $8,440,000. Henderson Brothers Financial Partners LLC bought a new position in shares of John Hancock Core Bond ETF in the 3rd quarter worth $26,383,000. Simplicity Wealth LLC increased its holdings in shares of John Hancock Core Bond ETF by 72.4% in the 3rd quarter. Simplicity Wealth LLC now owns 351,056 shares of the company’s stock worth $8,443,000 after buying an additional 147,387 shares during the last quarter. CoreCap Advisors LLC raised its position in shares of John Hancock Core Bond ETF by 33.4% during the 3rd quarter. CoreCap Advisors LLC now owns 75,393 shares of the company’s stock valued at $1,813,000 after buying an additional 18,897 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of John Hancock Core Bond ETF during the 2nd quarter valued at $889,000.

John Hancock Core Bond ETF Company Profile

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.