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

John Hancock Investors Trust (NYSE:JHI) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 26,320 shares, an increase of 60.6% from the July 30th total of 16,385 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 9,335 shares, the days-to-cover ratio is currently 2.8 days.

John Hancock Investors Trust Stock Performance

NYSE JHI traded up $0.00 on Wednesday, reaching $13.18. The stock had a trading volume of 23,733 shares, compared to its average volume of 19,970. John Hancock Investors Trust has a 1 year low of $12.50 and a 1 year high of $14.51. The business has a 50 day moving average price of $13.29 and a 200 day moving average price of $13.33.

John Hancock Investors Trust Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 11th will be issued a $0.294 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.18 annualized dividend and a dividend yield of 8.9%.

Institutional Trading of John Hancock Investors Trust

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in John Hancock Investors Trust by 2.6% during the first quarter. Bank of America Corp DE now owns 33,545 shares of the financial services provider’s stock worth $433,000 after purchasing an additional 863 shares during the last quarter. World Investment Advisors acquired a new stake in John Hancock Investors Trust in the 1st quarter worth about $299,000. Riverbridge Partners LLC raised its holdings in John Hancock Investors Trust by 4.0% in the 1st quarter. Riverbridge Partners LLC now owns 47,763 shares of the financial services provider’s stock valued at $617,000 after acquiring an additional 1,855 shares in the last quarter. Sit Investment Associates Inc. grew its stake in John Hancock Investors Trust by 12.1% during the fourth quarter. Sit Investment Associates Inc. now owns 597,048 shares of the financial services provider’s stock worth $8,162,000 after buying an additional 64,495 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of John Hancock Investors Trust by 21.9% in the 4th quarter. Invesco Ltd. now owns 130,641 shares of the financial services provider’s stock valued at $1,786,000 after purchasing an additional 23,435 shares during the last quarter. 27.01% of the stock is owned by institutional investors.

John Hancock Investors Trust Company Profile

John Hancock Investors Trust (NYSE: JHI) is a closed-end management investment company that offers investors access to a diversified portfolio of global securities. Established in 1929, the trust seeks to combine long-term capital growth with income generation through active portfolio management. Shares of the fund trade on the New York Stock Exchange, providing investors with the liquidity of an exchange-traded security alongside the diversification benefits of a professionally managed fund structure.

The fund’s investment strategy emphasizes a multi-asset approach, allocating capital across global equities, fixed-income instruments and convertible securities.