John Hancock Income Securities Trust (NYSE:JHS – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 4,200 shares, a drop 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 Stock Up 0.3 %
NYSE JHS traded up $0.04 during trading on Friday, hitting $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 one year low of $9.76 and a one year high of $11.60. The stock has a 50 day simple moving average of $11.05 and a 200 day simple moving average of $11.02.
John Hancock Income Securities Trust Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 13th were paid a $0.116 dividend. The ex-dividend date was Thursday, June 13th. This represents a $0.46 annualized dividend and a yield of 4.13%. This is an increase from John Hancock Income Securities Trust’s previous quarterly dividend of $0.11.
Institutional Trading of John Hancock Income Securities Trust
John Hancock Income Securities Trust Company Profile
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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