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

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

Institutional Trading of John Hancock Investors Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Simplicity Wealth LLC acquired a new position in shares of John Hancock Investors Trust in the 2nd quarter valued at $178,000. Riverbridge Partners LLC acquired a new position in John Hancock Investors Trust in the first quarter valued at $359,000. Allspring Global Investments Holdings LLC boosted its stake in John Hancock Investors Trust by 300.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 85,943 shares of the financial services provider’s stock valued at $1,134,000 after acquiring an additional 64,458 shares in the last quarter. Capital Investment Advisors LLC increased its position in shares of John Hancock Investors Trust by 3.4% during the second quarter. Capital Investment Advisors LLC now owns 150,078 shares of the financial services provider’s stock worth $1,996,000 after purchasing an additional 4,956 shares in the last quarter. Finally, 1607 Capital Partners LLC lifted its holdings 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 purchasing an additional 248,400 shares during the last quarter. Institutional investors and hedge funds own 27.01% of the company’s stock.

John Hancock Investors Trust Trading Up 1.1 %

JHI opened at $14.01 on Monday. John Hancock Investors Trust has a one year low of $11.63 and a one year high of $14.04. The business’s 50-day simple moving average is $13.62 and its 200-day simple moving average is $13.41.

John Hancock Investors Trust Increases Dividend

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

About John Hancock Investors Trust

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.