John Hancock Investors Trust (NYSE:JHI) Short Interest Up 56.3% in December

John Hancock Investors Trust (NYSE:JHI) saw a large growth in short interest during 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 volume of 18,500 shares, the days-to-cover ratio is currently 0.4 days.

John Hancock Investors Trust Price Performance

JHI stock traded up $0.04 during trading on Friday, reaching $14.01. 8,657 shares of the company were exchanged, compared to its average volume of 16,148. John Hancock Investors Trust has a twelve month low of $12.82 and a twelve month high of $14.48. The company has a 50-day moving average of $14.03 and a two-hundred day moving average of $13.84.

John Hancock Investors Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders 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%.

Institutional Investors Weigh In On John Hancock Investors Trust

Hedge funds have recently modified their holdings of the company. Allspring Global Investments Holdings LLC raised its position in 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 purchasing an additional 1,015 shares during the last quarter. Landscape Capital Management L.L.C. increased its stake in shares of John Hancock Investors Trust by 10.4% in the third 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. Capital Investment Advisors LLC raised its holdings in John Hancock Investors Trust by 2.0% in the 3rd quarter. Capital Investment Advisors LLC now owns 153,018 shares of the financial services provider’s stock valued at $2,151,000 after buying an additional 2,940 shares during the last quarter. HighTower Advisors LLC acquired a new stake in John Hancock Investors Trust during the 3rd quarter worth approximately $138,000. Finally, Integrated Wealth Concepts LLC bought a new stake in John Hancock Investors Trust during the 3rd quarter worth approximately $402,000. Institutional investors and hedge funds own 27.01% of the company’s stock.

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.