Short Interest in John Hancock Investors Trust (NYSE:JHI) Increases By 3,200.0%

John Hancock Investors Trust (NYSE:JHI - Get Free Report) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 29,700 shares, an increase of 3,200.0% from the March 31st total of 900 shares. Based on an average daily volume of 22,500 shares, the short-interest ratio is currently 1.3 days. Currently, 0.3% of the company's shares are short sold.

Institutional Investors Weigh In On John Hancock Investors Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the company. 1607 Capital Partners LLC grew its position in John Hancock Investors Trust by 40.3% during the 4th quarter. 1607 Capital Partners LLC now owns 536,545 shares of the financial services provider's stock worth $7,340,000 after purchasing an additional 154,174 shares during the last quarter. Sit Investment Associates Inc. lifted its stake in shares of John Hancock Investors Trust by 48.8% in the 4th quarter. Sit Investment Associates Inc. now owns 326,964 shares of the financial services provider's stock worth $4,473,000 after acquiring an additional 107,179 shares during the period. Invesco Ltd. raised its holdings in John Hancock Investors Trust by 7.0% during the fourth quarter. Invesco Ltd. now owns 69,421 shares of the financial services provider's stock worth $950,000 after purchasing an additional 4,551 shares in the last quarter. LPL Financial LLC lifted its position in John Hancock Investors Trust by 10.2% in the fourth quarter. LPL Financial LLC now owns 45,361 shares of the financial services provider's stock valued at $621,000 after purchasing an additional 4,213 shares during the period. Finally, Robinson Capital Management LLC boosted its holdings 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 purchasing an additional 34,930 shares in the last quarter. 27.01% of the stock is currently owned by institutional investors and hedge funds.

John Hancock Investors Trust Stock Performance

Shares of JHI stock traded up $0.01 during trading hours on Friday, hitting $13.14. The company had a trading volume of 11,801 shares, compared to its average volume of 20,377. John Hancock Investors Trust has a fifty-two week low of $11.61 and a fifty-two week high of $14.48. The company's fifty day moving average is $13.42 and its 200 day moving average is $13.85.

John Hancock Investors Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 13th were paid a $0.2349 dividend. This represents a $0.94 annualized dividend and a dividend yield of 7.15%. The ex-dividend date was Thursday, March 13th.

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.

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