Short Interest in John Hancock Investors Trust (NYSE:JHI) Drops By 45.0%

John Hancock Investors Trust (NYSE:JHI) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 6,716 shares, a decrease of 45.0% from the April 30th total of 12,205 shares. Based on an average daily volume of 34,340 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On John Hancock Investors Trust

A number of large investors have recently bought and sold shares of the business. Sit Investment Associates Inc. grew its position in John Hancock Investors Trust by 12.1% during the 4th quarter. Sit Investment Associates Inc. now owns 597,048 shares of the financial services provider’s stock worth $8,162,000 after acquiring an additional 64,495 shares during the last quarter. Guggenheim Capital LLC grew its position in John Hancock Investors Trust by 16.0% during the 4th quarter. Guggenheim Capital LLC now owns 191,795 shares of the financial services provider’s stock worth $2,622,000 after acquiring an additional 26,388 shares during the last quarter. Invesco Ltd. grew its position in John Hancock Investors Trust by 21.9% during the 4th quarter. Invesco Ltd. now owns 130,641 shares of the financial services provider’s stock worth $1,786,000 after acquiring an additional 23,435 shares during the last quarter. Osaic Holdings Inc. grew its position in John Hancock Investors Trust by 7.0% during the 4th quarter. Osaic Holdings Inc. now owns 88,936 shares of the financial services provider’s stock worth $1,216,000 after acquiring an additional 5,805 shares during the last quarter. Finally, Advisors Asset Management Inc. bought a new stake in John Hancock Investors Trust during the 4th quarter worth approximately $989,000. 27.01% of the stock is currently owned by institutional investors.

John Hancock Investors Trust Trading Up 0.6%

Shares of JHI stock traded up $0.08 during trading hours on Tuesday, hitting $13.44. The company had a trading volume of 29,670 shares, compared to its average volume of 24,595. John Hancock Investors Trust has a 12 month low of $12.50 and a 12 month high of $14.51. The firm’s fifty day moving average is $13.20 and its 200 day moving average is $13.55.

John Hancock Investors Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 11th will be given a dividend of $0.297 per share. This is a boost from John Hancock Investors Trust’s previous quarterly dividend of $0.26. The ex-dividend date is Thursday, June 11th. This represents a $1.19 dividend on an annualized basis and a yield of 8.8%.

About John Hancock Investors Trust

John Hancock Investors Trust (NYSE: JHI) is a closed-end management investment company that offers investors access to a diversified portfolio of global securities. Established in 1929, the trust seeks to combine long-term capital growth with income generation through active portfolio management. Shares of the fund trade on the New York Stock Exchange, providing investors with the liquidity of an exchange-traded security alongside the diversification benefits of a professionally managed fund structure.

The fund’s investment strategy emphasizes a multi-asset approach, allocating capital across global equities, fixed-income instruments and convertible securities.