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

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

John Hancock Investors Trust Price Performance

NYSE:JHI traded up $0.13 on Monday, reaching $13.36. 39,795 shares of the company’s stock were exchanged, compared to its average volume of 19,879. The stock has a fifty day simple moving average of $13.28 and a 200-day simple moving average of $13.34. John Hancock Investors Trust has a 52 week low of $12.50 and a 52 week high of $14.51.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE grew its position in shares of John Hancock Investors Trust by 2.6% in the first quarter. Bank of America Corp DE now owns 33,545 shares of the financial services provider’s stock valued at $433,000 after purchasing an additional 863 shares in the last quarter. Aviance Capital Partners LLC lifted its holdings in John Hancock Investors Trust by 3.9% during the 4th quarter. Aviance Capital Partners LLC now owns 35,696 shares of the financial services provider’s stock worth $488,000 after purchasing an additional 1,340 shares in the last quarter. Riverbridge Partners LLC lifted its holdings in John Hancock Investors Trust by 4.0% during the 1st quarter. Riverbridge Partners LLC now owns 47,763 shares of the financial services provider’s stock worth $617,000 after purchasing an additional 1,855 shares in the last quarter. Invesco Ltd. boosted its stake in John Hancock Investors Trust by 5.1% in the 2nd quarter. Invesco Ltd. now owns 75,480 shares of the financial services provider’s stock worth $1,045,000 after purchasing an additional 3,689 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in John Hancock Investors Trust during the 2nd quarter valued at about $69,000. 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.