John's theorem states that to any full-dimensional symmetric convex set $K\subseteq R^n$ and any Ellipsoid $E\subseteq R^n$ that is centered at origin, there exists an invertible linear map $T$ so that $E\subseteq T(K)\subseteq\sqrt{n}E$.
Is the $\sqrt{n}$ quantity sharp or could it be improved? Is there special useful scenarios an improvement could be made?