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

John Hancock Investors Trust (NYSE:JHI - Get Free Report) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 5,000 shares, a decrease of 67.7% from the May 15th total of 15,500 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of JHI. Noble Wealth Management PBC grew its position in John Hancock Investors Trust by 74.3% during the 1st quarter. Noble Wealth Management PBC now owns 4,224 shares of the financial services provider's stock worth $57,000 after acquiring an additional 1,800 shares during the last quarter. Aviance Capital Partners LLC grew its holdings in shares of John Hancock Investors Trust by 9.3% during the fourth quarter. Aviance Capital Partners LLC now owns 22,238 shares of the financial services provider's stock worth $304,000 after purchasing an additional 1,888 shares during the last quarter. Quarry LP acquired a new position in shares of John Hancock Investors Trust in the fourth quarter valued at approximately $29,000. Invesco Ltd. grew its holdings in John Hancock Investors Trust by 3.4% during the 1st quarter. Invesco Ltd. now owns 71,791 shares of the financial services provider's stock worth $974,000 after acquiring an additional 2,370 shares during the last quarter. Finally, Riverbridge Partners LLC increased its position in John Hancock Investors Trust by 10.8% in the 1st quarter. Riverbridge Partners LLC now owns 31,650 shares of the financial services provider's stock valued at $429,000 after acquiring an additional 3,090 shares during the period. 27.01% of the stock is currently owned by institutional investors.

John Hancock Investors Trust Price Performance

NYSE:JHI traded down $0.05 on Friday, hitting $13.43. The company had a trading volume of 16,748 shares, compared to its average volume of 20,337. John Hancock Investors Trust has a 52 week low of $11.61 and a 52 week high of $14.48. The firm has a 50 day moving average of $13.19 and a two-hundred day moving average of $13.67.

John Hancock Investors Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Thursday, June 12th will be issued a dividend of $0.299 per share. The ex-dividend date is Thursday, June 12th. This is an increase from John Hancock Investors Trust's previous quarterly dividend of $0.23. This represents a $1.20 annualized dividend and a dividend yield of 8.91%.

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.

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