John Hancock Investors Trust (NYSE:JHI) Short Interest Update

John Hancock Investors Trust (NYSE:JHI) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totalling 12,300 shares, a decrease of 16.3% from the August 31st total of 14,700 shares. Based on an average trading volume of 19,700 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On John Hancock Investors Trust

A number of institutional investors have recently added to or reduced their stakes in JHI. 1607 Capital Partners LLC grew its position in shares of John Hancock Investors Trust by 47.9% in the 4th quarter. 1607 Capital Partners LLC now owns 766,901 shares of the financial services provider’s stock valued at $9,924,000 after acquiring an additional 248,400 shares during the period. Capital Investment Advisors LLC lifted its stake in John Hancock Investors Trust by 3.4% in the 2nd quarter. Capital Investment Advisors LLC now owns 150,078 shares of the financial services provider’s stock valued at $1,996,000 after purchasing an additional 4,956 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in John Hancock Investors Trust by 16.9% during the second quarter. Allspring Global Investments Holdings LLC now owns 100,488 shares of the financial services provider’s stock worth $1,336,000 after purchasing an additional 14,545 shares during the period. Riverbridge Partners LLC acquired a new position in John Hancock Investors Trust during the first quarter worth approximately $359,000. Finally, Simplicity Wealth LLC bought a new stake in John Hancock Investors Trust in the second quarter valued at approximately $178,000. 27.01% of the stock is currently owned by institutional investors and hedge funds.

John Hancock Investors Trust Stock Performance

NYSE JHI traded up $0.15 during trading hours on Friday, hitting $14.01. 25,381 shares of the company traded hands, compared to its average volume of 22,120. The business’s 50-day moving average is $13.62 and its 200-day moving average is $13.41. John Hancock Investors Trust has a twelve month low of $11.63 and a twelve month high of $14.04.

John Hancock Investors Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be issued a $0.3134 dividend. This represents a $1.25 annualized dividend and a dividend yield of 8.95%. The ex-dividend date is Friday, September 13th. This is an increase from John Hancock Investors Trust’s previous quarterly dividend of $0.22.

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.