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

John Hancock Investors Trust (NYSE:JHI) was the target of a large growth in short interest in 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 days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On John Hancock Investors Trust

Institutional investors have recently bought and sold shares of the business. Landscape Capital Management L.L.C. increased its holdings in shares of John Hancock Investors Trust by 10.4% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 26,077 shares of the financial services provider’s stock worth $367,000 after buying an additional 2,460 shares during the last quarter. HighTower Advisors LLC purchased a new position in John Hancock Investors Trust in the third quarter worth about $138,000. Allspring Global Investments Holdings LLC increased its stake in John Hancock Investors Trust by 1.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 101,503 shares of the financial services provider’s stock worth $1,427,000 after acquiring an additional 1,015 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in John Hancock Investors Trust during the third quarter valued at approximately $402,000. Finally, Capital Investment Advisors LLC lifted its stake in shares of 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 purchasing an additional 2,940 shares during the last quarter. Institutional investors own 27.01% of the company’s stock.

John Hancock Investors Trust Stock Performance

NYSE:JHI traded up $0.04 during trading hours on Friday, reaching $14.01. The stock had a trading volume of 9,561 shares, compared to its average volume of 16,360. John Hancock Investors Trust has a 52 week low of $12.82 and a 52 week high of $14.48. The company 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 Announces Dividend

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

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.