John Hancock Hedged Equity & Income Fund (NYSE:HEQ) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 10,000 shares, a growth of 233.3% from the December 15th total of 3,000 shares. Based on an average daily trading volume, of 38,500 shares, the days-to-cover ratio is currently 0.3 days.
Shares of NYSE:HEQ traded down $0.02 during midday trading on Friday, reaching $13.37. The company had a trading volume of 5 shares, compared to its average volume of 38,691. John Hancock Hedged Equity & Income Fund has a 1-year low of $11.13 and a 1-year high of $13.81. The company has a fifty day simple moving average of $12.91 and a two-hundred day simple moving average of $13.10.
The business also recently declared a quarterly dividend, which was paid on Friday, December 31st. Investors of record on Monday, December 13th were given a $0.29 dividend. The ex-dividend date of this dividend was Friday, December 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.68%.
John Hancock Hedged Equity & Income Fund Company Profile
John Hancock Hedged Equity & Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. The fund is co-managed by Wellington Management Company LLP. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.
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