John Hancock Investors Trust (NYSE:JHI) Short Interest Up 60.6% in August

John Hancock Investors Trust (NYSE:JHIGet Free Report) was the recipient of a significant 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 stock are short sold. Based on an average trading volume of 9,335 shares, the days-to-cover ratio is currently 2.8 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of JHI. Sit Investment Associates Inc. grew its stake in shares of John Hancock Investors Trust by 12.1% in the 4th quarter. Sit Investment Associates Inc. now owns 597,048 shares of the financial services provider’s stock worth $8,162,000 after acquiring an additional 64,495 shares in the last quarter. Guggenheim Capital LLC increased its stake in John Hancock Investors Trust by 16.0% in the 4th quarter. Guggenheim Capital LLC now owns 191,795 shares of the financial services provider’s stock valued at $2,622,000 after buying an additional 26,388 shares during the last quarter. Invesco Ltd. increased its stake in 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 buying an additional 23,435 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of John Hancock Investors Trust by 7.0% during the 4th quarter. Osaic Holdings Inc. now owns 88,936 shares of the financial services provider’s stock worth $1,216,000 after buying an additional 5,805 shares in the last quarter. Finally, Advisors Asset Management Inc. bought a new position in shares of John Hancock Investors Trust during the 4th quarter worth approximately $989,000. Institutional investors and hedge funds own 27.01% of the company’s stock.

John Hancock Investors Trust Price Performance

Shares of NYSE:JHI traded up $0.13 during trading on Monday, reaching $13.36. 39,795 shares of the stock were exchanged, compared to its average volume of 19,879. John Hancock Investors Trust has a 1-year low of $12.50 and a 1-year high of $14.51. The stock has a fifty day moving average of $13.28 and a two-hundred day moving average of $13.34.

About John Hancock Investors Trust

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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.

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