Short Interest in John Hancock Investors Trust (NYSE:JHI) Grows By 164.2%

John Hancock Investors Trust (NYSE:JHI) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 12,223 shares, a growth of 164.2% from the May 31st total of 4,626 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 14,651 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On John Hancock Investors Trust

Several hedge funds have recently bought and sold shares of JHI. Advisors Asset Management Inc. acquired a new position in John Hancock Investors Trust in the 4th quarter valued at about $989,000. Sit Investment Associates Inc. boosted its stake in shares of John Hancock Investors Trust by 12.1% in the fourth quarter. Sit Investment Associates Inc. now owns 597,048 shares of the financial services provider’s stock valued at $8,162,000 after purchasing an additional 64,495 shares during the period. Guggenheim Capital LLC boosted its stake in shares of John Hancock Investors Trust by 16.0% in the fourth quarter. Guggenheim Capital LLC now owns 191,795 shares of the financial services provider’s stock valued at $2,622,000 after purchasing an additional 26,388 shares during the period. Invesco Ltd. grew its holdings in shares of John Hancock Investors Trust by 21.9% in the fourth 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 in the last quarter. Finally, World Investment Advisors acquired a new position in shares of John Hancock Investors Trust in the first quarter valued at approximately $299,000. Institutional investors and hedge funds own 27.01% of the company’s stock.

John Hancock Investors Trust Price Performance

Shares of NYSE JHI opened at $13.26 on Monday. John Hancock Investors Trust has a 52-week low of $12.50 and a 52-week high of $14.51. The business’s 50 day moving average is $13.28 and its two-hundred day moving average is $13.46.

John Hancock Investors Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 11th will be issued a $0.297 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.19 annualized dividend and a dividend yield of 9.0%. This is a boost from John Hancock Investors Trust’s previous quarterly dividend of $0.26.

About John Hancock Investors Trust

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.