John Hancock Income Securities Trust (NYSE:JHS – Get Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 4,200 shares, a decrease of 52.8% from the June 30th total of 8,900 shares. Based on an average daily volume of 21,500 shares, the short-interest ratio is presently 0.2 days.
John Hancock Income Securities Trust Trading Up 0.3 %
Shares of NYSE:JHS traded up $0.04 during trading hours on Friday, reaching $11.25. The stock had a trading volume of 5,857 shares, compared to its average volume of 15,760. John Hancock Income Securities Trust has a 1 year low of $9.76 and a 1 year high of $11.60. The firm’s 50 day moving average is $11.05 and its 200-day moving average is $11.02.
John Hancock Income Securities Trust Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 13th were given a $0.116 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 4.13%. This is an increase from John Hancock Income Securities Trust’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, June 13th.
Institutional Inflows and Outflows
About John Hancock Income Securities Trust
John Hancock Income Securities 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. The fund invests in the fixed income markets of United States. It invests primarily in corporate and government bonds with average maturity of 7.57 years.
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