Short Interest in John Hancock Investors Trust (NYSE:JHI) Rises By 56.3%

John Hancock Investors Trust (NYSE:JHI) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 7,500 shares, a growth of 56.3% from the December 15th total of 4,800 shares. Based on an average daily trading volume, of 18,500 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of John Hancock Investors Trust

Institutional investors have recently added to or reduced their stakes in the business. Capital Investment Advisors LLC lifted its stake in shares of John Hancock Investors Trust by 2.0% during the third quarter. Capital Investment Advisors LLC now owns 153,018 shares of the financial services provider’s stock worth $2,151,000 after purchasing an additional 2,940 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of John Hancock Investors Trust by 1.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 101,503 shares of the financial services provider’s stock valued at $1,427,000 after buying an additional 1,015 shares in the last quarter. Landscape Capital Management L.L.C. raised its holdings in shares of John Hancock Investors Trust by 10.4% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 26,077 shares of the financial services provider’s stock valued at $367,000 after buying an additional 2,460 shares during the period. HighTower Advisors LLC purchased a new stake in shares of John Hancock Investors Trust during the 3rd quarter valued at about $138,000. Finally, Integrated Wealth Concepts LLC acquired a new position in John Hancock Investors Trust during the 3rd quarter worth approximately $402,000. 27.01% of the stock is owned by hedge funds and other institutional investors.

John Hancock Investors Trust Trading Up 0.3 %

JHI stock traded up $0.04 during midday trading on Friday, reaching $14.01. 9,561 shares of the company’s stock traded hands, compared to its average volume of 16,360. John Hancock Investors Trust has a fifty-two week low of $12.82 and a fifty-two week high of $14.48. The business has a 50-day moving average price of $14.03 and a two-hundred day moving average price of $13.85.

John Hancock Investors Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, December 12th were issued a dividend of $0.3455 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.38 annualized dividend and a dividend yield of 9.86%.

John Hancock Investors Trust Company Profile

John Hancock Investors Trust is a closed-ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. It invests in the fixed income markets across the globe. The fund primarily invests in a diversified portfolio of corporate and government bonds, debt securities.