John Hancock Corporate Bond ETF (NYSEARCA:JHCB) Short Interest Update
by Amy Steele · The Cerbat GemJohn Hancock Corporate Bond ETF (NYSEARCA:JHCB – Get Free Report) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 8,600 shares, a decrease of 69.2% from the February 12th total of 27,910 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 44,017 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 44,017 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.
John Hancock Corporate Bond ETF Price Performance
Shares of NYSEARCA:JHCB traded down $0.06 during midday trading on Friday, reaching $21.16. The company had a trading volume of 62,094 shares, compared to its average volume of 26,547. The company’s 50 day moving average price is $21.60 and its 200 day moving average price is $21.68. John Hancock Corporate Bond ETF has a 52-week low of $20.38 and a 52-week high of $22.03.
John Hancock Corporate Bond ETF Increases Dividend
The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, February 25th were issued a $0.057 dividend. This is a boost from John Hancock Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%.
Institutional Trading of John Hancock Corporate Bond ETF
A number of large investors have recently bought and sold shares of JHCB. NewEdge Advisors LLC purchased a new stake in shares of John Hancock Corporate Bond ETF in the 2nd quarter valued at $32,000. Robbins Farley lifted its stake in shares of John Hancock Corporate Bond ETF by 48.7% in the 3rd quarter. Robbins Farley now owns 7,040 shares of the company’s stock valued at $153,000 after acquiring an additional 2,305 shares during the last quarter. CoreCap Advisors LLC lifted its stake in shares of John Hancock Corporate Bond ETF by 3.0% in the 3rd quarter. CoreCap Advisors LLC now owns 16,977 shares of the company’s stock valued at $369,000 after acquiring an additional 493 shares during the last quarter. Advisory Services Network LLC purchased a new stake in John Hancock Corporate Bond ETF during the 2nd quarter valued at about $412,000. Finally, Rubicon Advisors GP purchased a new stake in John Hancock Corporate Bond ETF during the 4th quarter valued at about $484,000.
John Hancock Corporate Bond ETF Company Profile
The John Hancock Corporate Bond ETF (JHCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is actively managed to focus on investment-grade corporate bonds, of any maturity, that are perceived as undervalued. JHCB was launched on Mar 30, 2021 and is managed by John Hancock.