Short Interest in John Hancock Investors Trust (NYSE:JHI) Decreases By 57.1%

John Hancock Investors Trust (NYSE:JHI - Get Free Report) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 900 shares, a drop of 57.1% from the March 15th total of 2,100 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 20,400 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On John Hancock Investors Trust

A number of hedge funds have recently made changes to their positions in JHI. HighTower Advisors LLC purchased a new stake in John Hancock Investors Trust in the third quarter worth $138,000. Robinson Capital Management LLC raised its stake in John Hancock Investors Trust by 398.3% in the 4th quarter. Robinson Capital Management LLC now owns 43,700 shares of the financial services provider's stock valued at $598,000 after acquiring an additional 34,930 shares during the period. Morey & Quinn Wealth Partners LLC bought a new position in John Hancock Investors Trust during the fourth quarter worth about $595,000. Sit Investment Associates Inc. increased its stake in shares of John Hancock Investors Trust by 48.8% in the fourth quarter. Sit Investment Associates Inc. now owns 326,964 shares of the financial services provider's stock worth $4,473,000 after purchasing an additional 107,179 shares in the last quarter. Finally, 1607 Capital Partners LLC raised its position in shares of John Hancock Investors Trust by 40.3% in the fourth quarter. 1607 Capital Partners LLC now owns 536,545 shares of the financial services provider's stock valued at $7,340,000 after purchasing an additional 154,174 shares during the period. 27.01% of the stock is currently owned by institutional investors.

John Hancock Investors Trust Stock Performance

JHI traded down $0.10 during midday trading on Monday, reaching $12.77. 3,263 shares of the company were exchanged, compared to its average volume of 20,170. John Hancock Investors Trust has a one year low of $11.61 and a one year high of $14.48. The company's fifty day moving average price is $13.54 and its 200 day moving average price is $13.89.

John Hancock Investors Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 13th were given a dividend of $0.2349 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date was Thursday, March 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.