John Hancock Income Securities Trust (NYSE:JHS) Short Interest Update

John Hancock Income Securities Trust (NYSE:JHS) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 5,400 shares, an increase of 38.5% from the January 31st total of 3,900 shares. Based on an average daily volume of 13,300 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On John Hancock Income Securities Trust

A number of institutional investors have recently bought and sold shares of JHS. Stifel Financial Corp increased its holdings in shares of John Hancock Income Securities Trust by 18.8% in the 4th quarter. Stifel Financial Corp now owns 26,290 shares of the financial services provider’s stock valued at $294,000 after purchasing an additional 4,160 shares during the period. 1607 Capital Partners LLC grew its position in John Hancock Income Securities Trust by 43.8% during the fourth quarter. 1607 Capital Partners LLC now owns 1,112,680 shares of the financial services provider’s stock valued at $12,456,000 after purchasing an additional 339,177 shares in the last quarter. Raymond James Financial Inc. acquired a new position in John Hancock Income Securities Trust in the 4th quarter valued at approximately $217,000. Sit Investment Associates Inc. lifted its position in John Hancock Income Securities Trust by 5.4% in the 4th quarter. Sit Investment Associates Inc. now owns 2,833,028 shares of the financial services provider’s stock worth $31,716,000 after buying an additional 145,059 shares in the last quarter. Finally, StoneX Group Inc. acquired a new stake in shares of John Hancock Income Securities Trust during the 4th quarter valued at $152,000.

John Hancock Income Securities Trust Stock Performance

Shares of John Hancock Income Securities Trust stock traded up $0.05 during midday trading on Monday, hitting $11.46. The company’s stock had a trading volume of 14,242 shares, compared to its average volume of 14,951. John Hancock Income Securities Trust has a 1-year low of $10.68 and a 1-year high of $11.87. The stock has a 50-day simple moving average of $11.21 and a 200-day simple moving average of $11.43.

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.