John Hancock Income Securities Trust (NYSE:JHS) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totalling 3,800 shares, a decrease of 61.6% from the September 15th total of 9,900 shares. Based on an average trading volume of 10,300 shares, the short-interest ratio is currently 0.4 days.
John Hancock Income Securities Trust stock traded down $0.03 during mid-day trading on Thursday, hitting $15.66. The company’s stock had a trading volume of 19,500 shares, compared to its average volume of 10,562. The firm’s 50 day moving average is $15.92 and its 200 day moving average is $15.82. John Hancock Income Securities Trust has a 52-week low of $15.00 and a 52-week high of $16.96.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 30th. Investors of record on Monday, September 13th were paid a $0.191 dividend. This represents a $0.76 annualized dividend and a yield of 4.88%. The ex-dividend date of this dividend was Friday, September 10th.
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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