John Hancock Investors Trust (NYSE:JHI – Get Free Report) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 15,300 shares, a growth of 200.0% from the October 15th total of 5,100 shares. Based on an average trading volume of 24,700 shares, the short-interest ratio is presently 0.6 days.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of JHI. Moors & Cabot Inc. bought a new position in shares of John Hancock Investors Trust during the 3rd quarter worth about $122,000. Logan Stone Capital LLC bought a new position in shares of John Hancock Investors Trust during the 4th quarter worth about $128,000. Wells Fargo & Company MN increased its holdings in shares of John Hancock Investors Trust by 37.6% during the 4th quarter. Wells Fargo & Company MN now owns 10,942 shares of the financial services provider’s stock worth $137,000 after purchasing an additional 2,990 shares during the period. Susquehanna International Group LLP acquired a new stake in shares of John Hancock Investors Trust during the 4th quarter worth approximately $159,000. Finally, UBS Group AG grew its holdings in shares of John Hancock Investors Trust by 13.9% during the 4th quarter. UBS Group AG now owns 15,160 shares of the financial services provider’s stock worth $190,000 after purchasing an additional 1,850 shares in the last quarter. 15.63% of the stock is currently owned by institutional investors and hedge funds.
John Hancock Investors Trust Stock Performance
JHI stock opened at $12.45 on Friday. John Hancock Investors Trust has a 52-week low of $11.63 and a 52-week high of $13.94. The company has a 50-day moving average of $12.21 and a two-hundred day moving average of $12.52.
John Hancock Investors Trust Announces Dividend
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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