John Hancock Investors Trust (NYSE:JHI) Sees Significant Growth in Short Interest

John Hancock Investors Trust (NYSE:JHI) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 29,700 shares, a growth of 3,200.0% from the March 31st total of 900 shares. Based on an average trading volume of 22,500 shares, the short-interest ratio is currently 1.3 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Quarry LP acquired a new position in John Hancock Investors Trust in the 4th quarter valued at $29,000. Noble Wealth Management PBC acquired a new stake in shares of John Hancock Investors Trust during the 4th quarter worth $33,000. Aviance Capital Partners LLC increased its holdings in shares of John Hancock Investors Trust by 9.3% during the 4th quarter. Aviance Capital Partners LLC now owns 22,238 shares of the financial services provider’s stock worth $304,000 after buying an additional 1,888 shares during the last quarter. Riverbridge Partners LLC increased its holdings in shares of John Hancock Investors Trust by 10.8% during the 1st quarter. Riverbridge Partners LLC now owns 31,650 shares of the financial services provider’s stock worth $429,000 after buying an additional 3,090 shares during the last quarter. Finally, Morey & Quinn Wealth Partners LLC acquired a new stake in shares of John Hancock Investors Trust during the 4th quarter worth $595,000. 27.01% of the stock is currently owned by institutional investors and hedge funds.

John Hancock Investors Trust Trading Up 0.1 %

Shares of JHI opened at $13.14 on Monday. The stock has a fifty day moving average of $13.42 and a two-hundred day moving average of $13.84. John Hancock Investors Trust has a fifty-two week low of $11.61 and a fifty-two week high of $14.48.

John Hancock Investors Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 13th were issued a $0.2349 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.94 annualized dividend and a yield of 7.15%.

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.